AT&T (NYSE:T) Releases Earnings Results, Beats Expectations By $0.06 EPS

AT&T (NYSE:T) announced its quarterly earnings results on Wednesday. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.46 by $0.06, Zacks reports. AT&T had a net margin of 17.87% and a return on equity of 12.72%. The company had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. During the same quarter last year, the business earned $0.43 earnings per share. AT&T’s revenue was up 3.6% compared to the same quarter last year. AT&T updated its FY 2026 guidance to 2.250-2.350 EPS.

AT&T Stock Performance

Shares of T stock opened at $23.96 on Wednesday. The company has a market capitalization of $169.83 billion, a price-to-earnings ratio of 7.78, a PEG ratio of 1.28 and a beta of 0.39. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.96 and a current ratio of 1.01. AT&T has a 52 week low of $22.95 and a 52 week high of $29.79. The company has a 50-day simple moving average of $24.53 and a 200 day simple moving average of $26.37.

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Monday, January 12th will be issued a dividend of $0.2775 per share. The ex-dividend date of this dividend is Monday, January 12th. This represents a $1.11 annualized dividend and a dividend yield of 4.6%. AT&T’s payout ratio is presently 36.04%.

AT&T News Roundup

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

• Positive Sentiment: Quarterly EPS of $0.52 beat consensus (about $0.46–$0.47) and revenue of ~$33.47B was roughly inline-to-better than Street estimates, showing underlying demand in wireless and consumer services. AT&T (T) Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised FY?2026 EPS guidance to $2.25–$2.35 (vs. prior consensus ~2.24) and provided a longer-term outlook for improving adjusted EBITDA/adj. EPS and higher free cash flow through 2028 — a signal of confidence in fiber and 5G investments. AT&T Reports Strong Fourth-Quarter and Full-Year 2025 Financial Performance
• Positive Sentiment: Customer momentum: AT&T added ~283k fiber subs and ~421k net postpaid phone subscribers, boosting convergence (fiber + wireless) and supporting higher ARPU/profitability over time. AT&T’s earnings impress as subscriber growth booms and the stock soars
• Positive Sentiment: Capital return: board authorized a new $10B buyback and reiterated plans to return $45B+ to shareholders from 2026–2028, which supports shareholder value and offsets income volatility. AT&T Reports Q4 Earnings, Authorizes New $10B Buyback
• Neutral Sentiment: Strategic initiatives: AT&T is expanding IoT offerings (AWS Marketplace) and pursuing fiber/spectrum deals to capture 5G and broadband demand — longer?term positives but not immediate catalysts. T Brings IoT Solutions to AWS Marketplace
• Neutral Sentiment: Broad coverage and mentions (WSJ, Reuters) keep AT&T in analyst focus this morning; some outlets emphasize earnings in a busy macro/Fed day, which can mute stock moves. Earnings in Focus Wednesday: GE Vernova, Seagate, AT&T
• Negative Sentiment: Some metrics weigh on sentiment: Q4 net income declined year?over?year and EPS of $0.52 is below last year’s $0.54; one data source flagged a slight revenue miss vs. a different estimate — giving traders reasons to take profits. AT&T ($T) Releases Q4 2025 Earnings
• Negative Sentiment: Legal/settlement noise: an update on a customer settlement (potential payouts reported) and commentary on margin risks could pressure sentiment for income?oriented investors. AT&T settlement update could mean payouts

Analyst Ratings Changes

A number of equities research analysts recently weighed in on T shares. The Goldman Sachs Group cut their price objective on shares of AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Wells Fargo & Company cut their price target on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a report on Monday. TD Cowen reiterated a “hold” rating on shares of AT&T in a report on Thursday, October 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of AT&T in a report on Monday, December 29th. Finally, Scotiabank reiterated a “sector perform” rating and set a $29.50 price objective on shares of AT&T in a research report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $29.67.

Hedge Funds Weigh In On AT&T

Several institutional investors and hedge funds have recently made changes to their positions in T. FWL Investment Management LLC boosted its stake in AT&T by 50.2% in the 3rd quarter. FWL Investment Management LLC now owns 1,874 shares of the technology company’s stock valued at $53,000 after purchasing an additional 626 shares during the period. Osterweis Capital Management Inc. lifted its holdings in shares of AT&T by 4,352.9% during the second quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock worth $180,000 after buying an additional 6,094 shares in the last quarter. Lantern Wealth Advisors LLC bought a new stake in shares of AT&T in the second quarter valued at about $230,000. Financial Advisors Network Inc. grew its stake in shares of AT&T by 7.5% in the second quarter. Financial Advisors Network Inc. now owns 8,000 shares of the technology company’s stock valued at $232,000 after acquiring an additional 561 shares in the last quarter. Finally, von Borstel & Associates Inc. bought a new position in AT&T during the third quarter worth about $230,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

About AT&T

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.