AT&T (T)
NYSE:T
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Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.59Last Year’s EPS
0.54Same Quarter Last Year
Moderate Buy
Based on 21 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted clear operational momentum: record-first-quarter advanced Internet net adds, strong Advanced home Internet revenue growth (+27.3% YoY), successful closing and early integration of a large fiber acquisition, continued fiber footprint expansion and converged customer strength (organic convergence ~45%). Financials showed revenue, EBITDA and EPS growth and the company reiterated full-year guidance while detailing multi-year growth and return plans. Near-term challenges include margin compression vs. comps due to prior vendor settlements, elevated capex depressing free cash flow, higher leverage from acquisitions, and continued steep declines in legacy revenues and EBITDA as the company phases out copper. Overall, the positive operational progress and reiterated outlook outweigh the near-term cash, margin and legacy-transition headwinds.Company Guidance
Strong Advanced Internet Net Adds
Reported 584,000 total fiber and fixed wireless advanced Internet customer net additions in Q1 — the best-ever first quarter and sixth consecutive quarter with over 0.5M consumer and business net adds. Advanced home Internet net adds were 512,000 (273,000 fiber; 239,000 Internet Air).
Major Fiber Acquisition Closed Ahead of Schedule
Closed the Lumen (referred to as Lumin in places) transaction ahead of schedule, adding ~1.1 million fiber customers and over 4 million fiber locations; early integration indicators show sales activity well above pre-transaction trends.
Robust Advanced Home Internet Revenue Growth
Advanced home Internet service revenues grew 27.3% year-over-year (includes two months of revenues from acquired geographies which added ~650 bps to reported growth).
Overall Revenue, EBITDA and EPS Growth
Consolidated total revenues up 2.9% YoY; service revenues up 1.4% YoY. Adjusted EBITDA increased 2.3% YoY. Adjusted EPS was $0.57 in Q1, up nearly 12% YoY.
Advanced Connectivity Segment Momentum
Advanced Connectivity service revenues increased 3.6% YoY and Advanced Connectivity EBITDA grew 5.6% YoY with a 30 bps improvement in EBITDA margin; business fiber and advanced connectivity service revenues grew 7.2% YoY.
Convergence Advantage Driving Retention
42% of advanced home Internet customers also choose AT&T Wireless; excluding the acquisition, organic convergence approached ~45%, a >3 percentage-point YoY increase (fastest-ever convergence growth), with converged customers showing higher NPS and longer retention.
Fiber Footprint Expansion and Long-Term Targets
Reached >90 million customer locations with advanced Internet (fiber or 5G); fiber reach now >37 million locations and on track to reach 60M+ locations by end of the decade; expecting ~8 million location fiber reach growth in 2026 (including acquired locations).
Cash, Liquidity and Capital Returns
Free cash flow of $2.5 billion (high end of $2B–$2.5B outlook). Company ended Q1 with $12 billion cash and $19 billion available under term loans. Returned $4.3 billion to shareholders in Q1 and reiterated plan to continue buybacks and return $45B+ to shareholders through 2028.
T Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
T Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $25.88 | $25.98 | +0.39% |
Jan 28, 2026 | $22.76 | $23.82 | +4.65% |
Oct 22, 2025 | $25.48 | $24.99 | -1.92% |
Jul 23, 2025 | $26.54 | $26.86 | +1.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does AT&T (T) report earnings?
AT&T (T) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is AT&T (T) earnings time?
AT&T (T) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is T EPS forecast?
T EPS forecast for the fiscal quarter 2026 (Q2) is 0.59.
