Revenue segments as reported by the company.

Mobility

Business Wireline

Consumer Wireline

WarnerMedia

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

SG&A

Depreciation & Amortization

Asset Abandonments & Impairments

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

AT&T

AT&T Mobility is a wholly owned subsidiary of AT&T that provides wireless services to 138.8 million subscribers in the United States including Puerto Rico and the U.S. Virgin Islands. AT&T Mobility is the second largest wireless telecommunications provider in the United States and Puerto Rico behind Verizon Wireless.

AT&T Mobility

The Pacific Bell Telephone Company (Pacific Bell) is a telephone company that provides telephone service in California. The company is owned by AT&T Inc. through AT&T Teleholdings. The company has been known by a number of names during which its service area has changed.

Pacific Bell

DirecTV (stylized as DIRECTV) is an American direct broadcast satellite service provider and is a subsidiary of AT&T. DirecTV transmits digital satellite television and audio to households in the United States, Latin America and the Caribbean. Its primary competitors are Dish Network and cable television providers. AT&T acquired DirecTV in a transaction valued at $67.1 billion.

Direct TV

Leap Wireless is a telecommunications operator that provided wireless services to approximately 4.6 million subscribers, the 5th largest, through its subsidiary, Cricket Communications, Inc. (Cricket Wireless). It was headquartered in San Diego, California. Leap Wireless and Cricket Wireless are both subsidiaries of AT&T.

Leap Wireless

Cricket Wireless is an American prepaid wireless service provider in the United States. Cricket Wireless is a wholly owned subsidiary of AT&T Inc. that offers mobile voice, text, and data. Cricket Wireless was founded in 1999 by Leap Wireless International, Inc. On July 12, 2013, AT&T Inc. agreed to acquire Cricket's parent company Leap Wireless International for $1.2 billion.

Cricket Wireless

Vyatta is a provider of software-based virtual routers, virtual firewalls and VPN products for Internet Protocol networks (IPv4 and IPv6). A free download of Vyatta has been available since March 2006. The system is a specialized Debian-based Linux distribution with networking applications such as Quagga, OpenVPN, and many others. A standardized management console, similar to Juniper JUNOS or Cisco IOS, in addition to a web-based GUI and traditional Linux system commands, provides configuration of the system and applications. In recent versions of Vyatta, web-based management interface is supplied only in the subscription edition. However, all functionality is available through KVM, serial console or SSH/telnet protocols. The software runs on standard x86-64 servers.

Vyatta

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. The Latin America segment provides wireless services and equipment in Mexico. The company was founded in 1983 and is headquartered in Dallas, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

AT&T reports robust Q4 performance, eyes growth through strategic investments

AT&T's Q4 2022 earnings call highlighted strong performance in wireless and fiber segments, along with a focus on cost savings and debt reduction. The company's 2023 strategy aims for sustainable growth and financial strength amidst industry challenges, emphasizing customer value propositions and service revenue growth.

AT&T reports solid Q1 earnings, focuses on 5G future

AT&T had a solid quarter with a focus on operational execution and cost restructuring.
The company remains confident in its full-year outlook for free cash flow of $16 billion or better.
AT&T's emphasis on durable customer relationships and infrastructure positions it well for the future.
Despite challenges in wireless performance, AT&T's strategic initiatives are driving growth opportunities.

AT&T reports robust Q2 earnings, eyes debt reduction and fiber expansion

AT&T's strong performance in wireless and fiber businesses, coupled with cost-saving initiatives and debt reduction efforts, positions the company for future growth. Despite market challenges and competition, AT&T remains focused on expanding its fiber footprint and enhancing infrastructure. The company's strategic investments and modernization efforts underscore its commitment to long-term success.

AT&T reports robust Q3 performance, eyes growth through 5G and fiber

AT&T's Q3 2023 earnings call highlighted strong financial performance, driven by successful 5G and fiber investments. The company's focus on high-value customers, operational efficiency, and market share gains positions it well for future growth. Challenges include slowing device upgrade rates and transitioning Business Wireline, while opportunities lie in debt reduction and sustainable growth strategies.

AT&T excels in Q4 2023, eyes growth through strategic investments

AT&T's Q4 2023 Earnings Call showcased strong financial performance, strategic investments in 5G and fiber, and a commitment to sustainable growth. The company aims to continue expanding its customer base, improving financial metrics, and delivering shareholder value through prudent capital allocation and operational efficiencies.

AT&T reports solid Q1 performance, focuses on 5G-fiber convergence

AT&T's Q1 2024 earnings call highlighted strong performance in key segments, strategic capital allocation, and growth opportunities in underpenetrated markets. Despite challenges in Business Wireline, the company remains focused on driving convergence between 5G and fiber for enhanced customer value and sustainable growth.

AT&T reports strong Q2 results, focuses on growth strategies

AT&T's Q2 performance reflects growth in key subscriber segments and EBITDA, driven by strategic focus areas.
While challenges like industry slowdown exist, AT&T's differentiation and convergence strategy position it well for the future.
The company's commitment to financial targets and investments in growth signal a positive outlook.
Opportunities for expansion through network enhancements and service improvements are key focus areas.

AT&T posts solid Q3 results, shifts focus to 5G and fiber

AT&T's Q3 2024 Earnings Call highlighted strong performance in Mobility and positive broadband net adds in Consumer Wireline. The company's strategic focus on 5G and fiber connectivity was emphasized through the sale of their DIRECTV stake.

Revenue

Cost of revenue

Gross profit

Operating expenses

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

T-Mobile US

Verizon

A weak jobs report sent stocks and bond yields lower, which led to a drop in many stocks. Falling yields could be a positive for highly indebted companies like telecoms and could save money if rates fall.

Wall Street Collapses but Verizon, T-Mobile, and AT&T Rise. Here's Why

NewLake Capital Partners, Inc.

Blue Owl Capital Corp

Dividend stocks are an excellent way for investors to steadily grow their portfolio, especially for the long term. Accessing dividends is vital to growing a large and diverse portfolio.

The Top 3 Dividend Stocks to Buy Now: Summer 2024

BlackBerry

Tesla

Things are getting difficult for technology stocks. The rotation of investor capital out of the mega-cap tech names that led the market rally in the year's first half is accelerating.

3 Tech Stocks to Sell Before You Regret It

HOUSTON--(BUSINESS WIRE)-- #Back2School--Compudopt, a national nonprofit providing technology access and education to under-resourced youth and their communities, has partnered with AT&T through AT&T's Connected Learning Initiative to provide free laptops, backpacks with supplies and online resources to 13K students across Arizona, Florida, Georgia, Illinois, North Carolina, Ohio, Oklahoma, Texas and Washington D.C. US Census data reports that as of 2021, up to 21% of American households lack an in-ho.

Compudopt, AT&T Equip 13,000 Students With Free Back-to-school Resources

Ford Motor Company

Dividend stocks have packed more than twice the punch of non-payers in the average annual return column over the last half century. Although Wall Street is pumping the brakes on one industry leader, its sub-6 forward price-to-earnings ratio and cash-laden balance sheet make it an intriguing bounce-back candidate.

Time to Pounce: 2 Electrifying Ultra-High-Yield Dividend Stocks That Are Begging to Be Bought in August

AT&T refocused its portfolio by spinning off unrelated assets like DirecTV and TimeWarner, leading to a new business model for stronger shareholder returns. The company's priorities include growing 5G, reducing debt to maintain a 6% dividend yield, and achieving the long-term net debt-to-adjusted EBITDA target by 2025. AT&T has seen YoY growth in all business segments, particularly in its fiber business, with strong revenue and EBITDA margin growth.

AT&T's Earnings Highlights Continued Recovery Potential

Look at Telecom ETFs, as companies report second-quarter 2024 earnings.

Assessing the Impact of Q2 Earnings on Telecom ETFs

NETGEAR

MYND IMMERSIVE TEAMS WITH AT&T, HTC VIVE, NETGEAR AND SELECT REHABILITATION TO BUILD NATIONAL SPATIAL COMPUTING NETWORK FOR OLDER ADULTS NEW YORK , July 31, 2024 /PRNewswire/ -- Mynd Immersive, a pioneer in the field of delivering immersive therapeutics to older adults, and the CTA Foundation, the non-profit arm of the Consumer Technology Association, are thrilled to announce the launch of the Great American Elderverse™ program, supported by the Steven & Alexandra Cohen Foundation, AT&T, HTC VIVE, NETGEAR, and Select Rehabilitation. This groundbreaking initiative is providing immersive content and technology to underserved and lower-income seniors across the United States, enhancing their quality of life through virtual experiences and therapeutics.

The Leader in Immersive Healthcare for the Aging Joins Forces with the CTA Foundation to Launch the Great American Elderverse™

Altria

The high-yield sector faces uncertainty with potential Fed rate cuts and a steeply inverted yield curve. With that in view, it is a prudent time for investors to be highly selective in which stocks they buy. We discuss two popular high-yield stocks that have recently surged but lack attractive forward risk-reward profiles.

Sell Alert: 2 Popular High Yields Getting Too Pricey

Archer Aviation

Barrick Gold

There are plenty of cheap stocks under $25 investors can choose from. Of course, plenty of companies with lower share prices are inherently risky, and I'm not talking about just penny stocks.

3 Cheap Stocks Under $25 to Buy Now and Hold for the Next Decade

Chevron

Uber

As the US Federal Reserve gears up for its policy meeting this week, the market buzz is all about potential interest rate cuts. While a rate cut is unlikely to be announced immediately, markets are optimistic that the central bank will start lowering rates by September.

4 stocks to buy before the Fed cuts interest rates in 2024

AT&T offers a big-time dividend. The company's free cash flow is improving, enabling it to repay debt.

Is AT&T's Nearly 6%-Yielding Dividend Finally Safe?

British American Tobacco

Dow Inc

HSBC Holdings

Pfizer

Rio Tinto plc Sponsored

Stellantis N.V. 

Ultra-high-yield stocks (more than 5% dividend yield) often have underwhelming fundamentals. These stocks tend to outperform the major stock indexes when held over long periods and the dividend is reinvested.

10 Best Ultra-High-Yield Dividend Stocks to Consider as Part of a Long-Term Portfolio

Vodafone Group

It's a confusing moment in time for the world of telecommunications. After spending much of the 21st century experiencing rapid growth, many telecom-focused markets are facing sustained periods of saturation.

Get Your Money Out of These 3 Telecom Stocks by October

Another consumer has sued AT&T, alleging that a retail store employee stole nude images off of her phone when she was upgrading her device. The case mirrors at least six others brought against the wireless provider in the past for similar allegations.

AT&T, other phone companies sued over stolen nude images could face liability after court ruling

AT&T saw strong subscriber additions across its wireless and broadband businesses. Meanwhile, the company continues to generate prolific free cash flow and improve its balance sheet.

AT&T Shares Climb on Subscriber Additions. Should Investors Add the Stock to Their Portfolios?

We had previously given AT&T a buy rating. Q2-2024 results showed growth in postpaid phone subscribers, Fiber subscribers, and impressive free cash flow. Despite those positives, we are now moving to a Hold rating and go over why.

AT&T: Moving To A Hold Post Q2 2024 Results

Bristol-Myers

Whirlpool

24/7 Wall St. Insights Dividend stocks will outperform when the Federal Reserve starts to lower rates in September.

6 Blue Chip Dividend Stock Bargains to Buy Now That All Yield 5% and More

Energy Transfer LP Unit

The June/July 2024 edition of Fortune 500 revealed the biggest U.S. companies by revenue and profits. Dogcatcher's quest to sniff out the best dividend buys focused on 66 industry-leaders using YCharts 7/25/24 data. Those 66 industry leaders were segmented into 21 business sectors, ranging (alphabetically) from apparel to wholesalers. 3 of the 66 were private or foreign exchange listed firms not tracked by YCharts, leaving 63 listed. 57 dividend yielding stocks led those 63 industry leaders and ranged 0.04% to 7.87% in annual yield and ranged -10.41% to 51.96% in broker estimated one-year target-price upsides.

Buy 3 July Fortune 500 Industry Dividend Leaders (Watch 3 More)

AT&T Q2 Earnings: Stronger Net Adds, Improved Margins, And Robust FCF Growth

T's Q2 earnings report show plenty of profit catalysts to support a buy thesis. The top ones include CAPEX stabilization, the growth of its fiber network, and the many synergistic opportunities between fiber and its other segments. Subsequently, I expect margin and free cash flow to expand, debt to reduce, and dividend coverage to improve.

AT&T Q2: Catalysts Galore

AT&T released earnings recently and the financial performance was middling, but the dividend is well covered and offers a healthy premium over the risk free rate. Comparing the stock to 10-Year Treasury Notes we see that the dividend yield of AT&T is 6.10% compared to the risk free rate of 4.2%. Analyzing the dividend sustainability we see that the company has sufficient cash flow to cover obligations and investments, with a low payout ratio of 59%.

AT&T A Bargain At Current Prices

AT&T's Q2 2024 earnings met EPS expectations but slightly missed on revenue, leading to a positive trajectory for the stock. AT&T is making progress in strengthening its balance sheet, increasing free cash flow, and rewarding shareholders with stock appreciation. Despite past missteps, AT&T's focus on core business and debt reduction could lead to significant growth potential, including share buybacks and dividend increases.

AT&T Is Proving The Bears Wrong As It Closes In On $20

The market reaction to seasonally better cash flow may indicate low market expectations. The stock downside risk still appears to be fully priced in. The market struggles to agree with management on cash flow patterns, even though the pattern is now similar to the pattern at Verizon.

AT&T: Mr. Market Excited About Cash Flow While Missing The Big Picture

OAKLAND, CA / ACCESSWIRE / July 25, 2024 / Bleichmar Fonti & Auld LLP is investigating a massive data breach affecting tens of millions of AT&T customers. The exposed data includes phone numbers and records of calls and texts for nearly all AT&T customers between May 1, 2022 and October 31, 2022, as well as similar data for a smaller number of customers from January 2, 2023.

News for AT&T Stock (T)