The telecommunications company added more mobile phone customers than Wall Street was expecting over the fourth quarter.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Analysts expect the Dallas, Texas-based company to report quarterly earnings at 50 cents per share, down from 54 cents per share in the year-ago period. AT&T projects quarterly revenue of $32.04 billion, compared to $32.02 billion a year earlier, according to data from Benzinga Pro.

Shares of AT&T (NYSE: T) gained nearly 4% on Monday, which was even more impressive given the widespread stock market disruption caused by concerns about Chinese advances in artificial intelligence. AT&T stock was climbing even higher on Tuesday, Jan. 28, and was trading for around $24.40 in the afternoon.

AT&T's fourth-quarter results exceeded Wall Street's estimates as growth on the top- and bottom-line were boosted in part by an increase in acquired customers. The telecom company on Monday said it logged net income of $4.08 billion, or 56 cents a share, compared to $2.19 billion, or 30 cents a share, a year earlier.

AT&T has been focused on reducing its debt over the past few years. A big chunk of that debt is the legacy of the company's misguided media acquisitions, which have now been largely unwound. The last piece of AT&T's media exit will be the sale of its remaining stake in DirecTV, which is set to close later this year.

AT&T Inc. posted fourth-quarter results that beat Wall Street projections, including better-than expected increases in mobile-phone customers and

AT&T posted better-than-expected earnings on Monday, as the number of customers who signed up for its plans over the final quarter of 2024 topped Wall Street estimates. The benchmark was down 1.6% ...

AT&T's fourth-quarter results exceeded Wall Street's estimates as growth on the top- and bottom-line were boosted in part by an increase in acquired customers. The telecom company on Monday said ...

As Silicon Valley entrepreneur Peter Thiel once wrote, "Competition is for losers." When a firm enjoys little competition, it sets the stage for stable revenue that can withstand any of the short-term ups and downs of the stock market.

AT&T (T) dropped its fourth-quarter earnings on Jan. 27, propelling its stock to new 52-week highs. Shares climbed 6.25% in the day’s trading session after the company exceeded Wall Street expectations and announced plans for substantial investments in artificial intelligence (AI).

T-Mobile US Inc.'s stock was up 8.3% Wednesday after the cellphone carrier's fourth-quarter profit and revenue beat Wall Street estimates, boosted by strong net customer additions. The Bellevue, Wash.-based company also gave strong guidance.