AT&T's FY24 EPS guidance of $2.15-$2.25 is slightly below the consensus estimate.
AT&T updated its FY24 earnings guidance, projecting EPS of $2.15-$2.25, slightly below the consensus estimate of $2.20. In Q2, the company reported earnings of $0.57 per share and revenue of $29.80 billion. Analysts have mixed views, with Citigroup and others raising price targets, while Scotiabank downgraded its rating. Currently, AT&T's stock trades at $21.64, with a consensus rating of "Moderate Buy" and a target price of $22.31.
September 14, 2024
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