The stock market was in rally mode on Wednesday, but you wouldn't know it from AT&T's (T 0.85%) performance. Investors reacted to the company's latest set of quarterly earnings but traded the stock up less than 1%, while the fiery S&P 500 index notched a nearly 2% Hump Day gain.
Healthy wireless traction helped AT&T to record solid revenues in first-quarter 2025.
AT&T's focus on bundling to fend off intense competition in a saturating market and aggressive trade-in offers helped it gain 324,000 net monthly bill-paying wireless phone subscribers.
AT&T Inc. (NYSE:T ) Q1 2025 Earnings Conference Call April 23, 2025 8:30 AM ET Company Participants Brett Feldman - SVP, Finance and IR John Stankey - Chairman and CEO Pascal Desroches - CFO Conference Call Participants Peter Supino - Wolfe Research Benjamin Swinburne - Morgan Stanley John Hodulik - UBS Michael Rollins - Citi Bryan Kraft - Deutsche Bank Sebastiano Petti - JPMorgan Jim Schneider - Goldman Sachs Kannan Venkateshwar - Barclays Operator Good morning, and welcome to AT&T's First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode.
The headline numbers for AT&T (T) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
AT&T Inc (NYSE:T, ETR:SOBA) posted mixed first-quarter results, with stronger-than-expected subscriber growth and revenue offset by a slight earnings miss. The company reported adjusted earnings per share of $0.51, missing estimates by $0.01, while revenue rose 2% to $30.63 billion, beating forecasts by $270 million.
AT&T (T) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.55 per share a year ago.
Telecommunications giant AT&T (T 2.49%) reported fiscal 2025 first quarter earnings on Wednesday, April 23, that matched or exceeded analysts' consensus expectations. Revenue of $30.63 billion came in ahead of the forecasted $30.36 billion and rose 2% year over year.
AT&T logged higher profit and revenue in the first quarter, boosted in part by an increase in acquired customers.
AT&T (T) shares jumped in premarket trading Wednesday after the telecommunications giant reported first-quarter revenue and net phone subscriber additions above analysts' estimates.
AT&T beat Wall Street estimates for wireless subscriber additions in the first quarter on Wednesday, driven by steady demand for its plans that bundled high-speed fiber services and 5G mobile offerings.
Despite a high debt burden, fierce competition, strength in 5G and fiber, and a customer-oriented approach are key growth drivers for AT&T.