Analyst forecasts for AT&T's balance sheet: profit slump expected

Analyst forecasts for AT&T's balance sheet: profit slump expected

On April 24, 2024, AT&T will report financial results for the most recent quarter. Analysts have certain expectations about the company's balance sheet. They forecast earnings per share to average $0.532, compared to $0.600 per share in the year-ago quarter. In addition, an average sales increase of 1.31 percent to USD 30.53 billion is expected, while sales in the same quarter of the previous year were USD 30.14 billion. For the current fiscal year, 21 analysts estimate average earnings per share of $2.22, compared to $1.98 in the same period last year. In terms of sales, 23 analysts expect an average of $123.62 billion, compared to $122.43 billion last year.

AT&T's April 24 earnings presentation will be highly anticipated as the results could have a direct impact on the company and the market. Analysts will pay particular attention to earnings per share and revenue to assess AT&T's financial health and performance. Analysts' expectations are based on extensive market analysis and forecasts that provide insight into the company's future growth potential.

AT&T has shown in the past that it is able to adapt to competitive challenges and maintain its place in the telecommunications industry. The quarterly results will therefore be of interest not only to investors and analysts, but also to industry observers and consumers who follow the company's development. It remains to be seen whether AT&T will meet, exceed, or disappoint analysts' expectations and what impact this will have on the company's stock price and future strategy.