AT&T Inc. (T) Stock Analysis — Latest Investor Quotes & Trade Calls

AT&T Beats Subscriber Expectations Despite Competitive Headwinds

">> We'll go to AT&T ticker T. Um this is the smallest Yes. of the big three US wireless providers. It shares are up about 1% so the big news is that it added more mobile phone home internet subscribers this summer than analysts thought they would. um also picked up new customers for that fixed wireless internet service it has called internet air. Um so if you want the numbers about 405,000 new mobile phone customers in the third quarter they had this heavy promo push, right? They were pushing this new customer guarantee. They promised things like a better network reliability, better customer service, the best smartphone deals. Um revenue just fell short of estimates, adjusted earnings per share, they came in uh in line, but it's really those those numbers um the subscriber numbers that they were touting. It just I mean the churn in the wireless business is brutal. It's so competitive here. I've never changed my wireless."

The speaker highlights AT&T's better-than-expected subscriber addition, emphasizing strong promotional efforts and customer acquisition in a competitive market, while noting revenue came in slightly below estimates and acknowledging the harsh churn environment.

AT&T Earns a Pre-market Beat

"What did we get from AT&T this morning? It was a decent beat for AT&T. Shares are up 2.8% so far in the pre-market. The wireless provider added more mobile phone and home internet subscribers than expected after what was a heavy promotional push in the quarter. They did miss just slightly on revenue, but AT&T added that the full earnings per share would land in the upper range of their previous guidance."

AT&T delivered a beat in its earnings with better-than-expected subscriber growth despite a slight revenue miss, suggesting a positive near-term outlook.