Zacks Research Has Pessimistic Outlook of AT&T Q2 Earnings

AT&T Inc. (NYSE:T - Free Report) - Research analysts at Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for AT&T in a research note issued on Wednesday, May 14th. Zacks Research analyst R. Department now expects that the technology company will post earnings of $0.52 per share for the quarter, down from their previous forecast of $0.53. The consensus estimate for AT&T's current full-year earnings is $2.14 per share. Zacks Research also issued estimates for AT&T's Q3 2025 earnings at $0.53 EPS, Q4 2025 earnings at $0.46 EPS, Q3 2026 earnings at $0.53 EPS, FY2026 earnings at $2.15 EPS, Q1 2027 earnings at $0.58 EPS and FY2027 earnings at $2.45 EPS.

AT&T (NYSE:T - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The technology company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). AT&T had a return on equity of 13.97% and a net margin of 8.95%. The company had revenue of $30.63 billion for the quarter, compared to analysts' expectations of $30.39 billion. During the same quarter last year, the company earned $0.55 EPS. AT&T's revenue for the quarter was up 2.0% compared to the same quarter last year.

T has been the subject of a number of other research reports. Cowen reissued a "hold" rating on shares of AT&T in a report on Thursday, April 24th. Citigroup reaffirmed a "buy" rating on shares of AT&T in a report on Monday, April 7th. DZ Bank upgraded AT&T from a "hold" rating to a "buy" rating and set a $27.00 price target for the company in a research report on Wednesday, January 29th. JPMorgan Chase & Co. boosted their price objective on shares of AT&T from $28.00 to $31.00 and gave the stock an "overweight" rating in a research report on Thursday, April 24th. Finally, Wells Fargo & Company raised their target price on shares of AT&T from $27.00 to $30.00 and gave the company an "overweight" rating in a report on Thursday, April 24th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $28.71.

AT&T Trading Up 3.3%

NYSE T opened at $27.31 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.66 and a debt-to-equity ratio of 1.00. The firm has a 50-day moving average price of $27.15 and a 200 day moving average price of $24.86. AT&T has a 52-week low of $17.11 and a 52-week high of $29.03. The stock has a market capitalization of $196.51 billion, a P/E ratio of 18.33, a P/E/G ratio of 3.00 and a beta of 0.42.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in T. Bwcp LP raised its stake in shares of AT&T by 26.8% during the first quarter. Bwcp LP now owns 646,060 shares of the technology company's stock valued at $18,271,000 after purchasing an additional 136,602 shares during the period. Belmont Capital LLC acquired a new stake in AT&T during the 1st quarter valued at $566,000. Banque Transatlantique SA increased its stake in AT&T by 25,250.5% during the 1st quarter. Banque Transatlantique SA now owns 50,701 shares of the technology company's stock worth $1,325,000 after buying an additional 50,501 shares during the period. Alliancebernstein L.P. increased its stake in AT&T by 0.9% during the 1st quarter. Alliancebernstein L.P. now owns 18,803,409 shares of the technology company's stock worth $531,760,000 after buying an additional 170,802 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in AT&T by 4.5% in the 1st quarter. AQR Capital Management LLC now owns 18,694,708 shares of the technology company's stock worth $528,686,000 after buying an additional 802,028 shares in the last quarter. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 1st. Stockholders of record on Thursday, April 10th were given a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.06%. The ex-dividend date was Thursday, April 10th. AT&T's payout ratio is currently 68.10%.

About AT&T

AT&T, Inc is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.

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