AT&T (T) Expected to Release Quarterly Earnings on Wednesday

Key Points

• AT&T is expected to report Q3 2026 results before market open on October 21. Analysts forecast earnings of $0.601 per share and revenue of $31.69 billion, compared with the company’s full-year EPS guidance of $2.25–$2.35.
• AT&T agreed to sell its Mexico wireless business for $2 billion in cash. The transaction is expected to close in the first quarter of 2027, pending regulatory approval, and is intended to simplify the portfolio and support U.S. network investments.
• The company declared a quarterly dividend of $0.2775 per share, equivalent to $1.11 annually and a 4.9% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $29.05.

AT&T (NYSE:T - Get Free Report) will likely be posting its Q3 2026 results before the market opens on Wednesday, October 21st. Analysts expect AT&T to announce earnings of $0.6010 per share and revenue of $31.69 billion for the quarter. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 21, 2026 at 8:30 AM ET.

AT&T (NYSE:T - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.06. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The firm had revenue of $31.56 billion for the quarter, compared to analysts' expectations of $31.80 billion. During the same period in the prior year, the company earned $0.54 EPS. The firm's revenue was up 2.3% on a year-over-year basis. On average, analysts expect AT&T to post $2.33 EPS for the current fiscal year and $2.54 EPS for the next fiscal year.

AT&T Stock Performance

NYSE:T opened at $22.87 on Wednesday. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. The firm has a 50-day moving average price of $24.99 and a two-hundred day moving average price of $24.53. AT&T has a twelve month low of $19.89 and a twelve month high of $29.43. The company has a market capitalization of $156.69 billion, a P/E ratio of 9.86, a price-to-earnings-growth ratio of 1.12 and a beta of 0.25.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Monday, October 12th will be issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend is Friday, October 9th. AT&T's dividend payout ratio is 36.75%.

Trending Headlines about AT&T

Here are the key news stories impacting AT&T this week:

• Positive Sentiment: AT&T agreed to sell its Mexico wireless business for $2 billion in cash to Grupo Televisa and Fintech Holdings. The deal should simplify AT&T’s portfolio, release capital for its U.S. network investments and reduce exposure to the Mexican market. The transaction is expected to close in the first quarter of 2027, subject to regulatory approval. AT&T will classify the business as held for sale in its third-quarter filing. AT&T to Sell AT&T Mexico to Grupo Televisa and Fintech Holdings
• Positive Sentiment: Erste Group modestly raised its 2026 EPS forecast to $2.34 from $2.33, slightly above the current consensus estimate. The adjustment offers a small positive signal ahead of AT&T’s third-quarter earnings report, though it is unlikely to materially change the investment case. AT&T analyst estimate update
• Neutral Sentiment: AT&T’s shares rose despite a Bernstein downgrade tied to the potential competitive threat from SpaceX’s expansion into mobile wireless. The downgrade reflects longer-term uncertainty, but investors appear to view satellite services as complementary to, rather than an immediate replacement for, terrestrial 5G networks. AT&T Stock Rises Despite a Downgrade on SpaceX Competition
• Negative Sentiment: The Mexico sale removes a sizable operating business from AT&T’s portfolio. AT&T Mexico had approximately 24.7 million subscribers and generated 2025 revenue of 85.4 billion Mexican pesos, so the divestiture could reduce geographic diversification and future growth potential. The $2 billion proceeds and the ultimate use of capital will be important for shareholders.

Analyst Ratings Changes

Several analysts have recently commented on T shares. Wolfe Research upgraded shares of AT&T from a "peer perform" rating to an "outperform" rating and set a $29.00 price target on the stock in a research report on Thursday, July 23rd. BNP Paribas Exane raised shares of AT&T from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $26.00 to $30.00 in a research note on Monday, September 21st. Argus cut their price objective on AT&T from $33.00 to $30.00 and set a "buy" rating for the company in a research report on Thursday, July 23rd. Morgan Stanley lifted their price objective on AT&T from $27.00 to $28.00 and gave the stock an "overweight" rating in a research report on Monday, September 28th. Finally, Barclays reduced their target price on AT&T from $26.00 to $24.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 8th. Eleven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $29.05.

AT&T Company Profile

AT&T Inc NYSE: T is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T's business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.

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