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What Are Analysts’ EPS Expectations for AT&T in Q4?

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AT&T’s earnings trend

In the first three quarters of 2018, AT&T’s (T) adjusted EPS grew ~18.1% YoY to $2.67 from $2.26. Analysts expect the company’s adjusted EPS to be $0.86 in the fourth quarter, taking its 2018 adjusted EPS to $3.52, which represents a ~15.4% rise YoY from $3.05 in 2017.

In comparison, Verizon’s (VZ) adjusted EPS are expected to rise ~26.7% YoY to $1.09 in the fourth quarter, while T-Mobile’s (TMUS) adjusted EPS are expected to grow ~14.8% YoY to $0.70. Sprint (S) is expected to post adjusted EPS of -$0.02 in the third quarter of fiscal 2018, which ended on December 31.

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Revenue trends

AT&T’s net revenues were $122.8 billion in the first three quarters of 2018 compared to $118.9 billion during the same period in 2017, which reflects ~3.3% YoY growth. Wall Street analysts expect AT&T to generate revenues of $48.5 billion and $171.2 billion, respectively, in the fourth quarter and fiscal 2018.

In comparison, Verizon’s revenues are expected to rise ~1.4% YoY to $34.4 billion in the fourth quarter, while T-Mobile’s revenues are expected to grow ~5.8% YoY to reach $11.4 billion. Sprint’s revenues are expected to rise ~2.3% YoY to $8.4 billion in the third quarter of fiscal 2018, which ended on December 31.

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