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.

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.

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.

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.

Analyst review of AT&T Inc.'s strong Q4 earnings, AI investments, and shareholder returns, suggesting caution due to current valuation. Click for my T stock update.

A tech-sector freakout isn't fazing traders in AT&T, which led the S&P 500 index mid-Monday after it reported steady fourth-quarter growth. Shares in the telecom company surged 6% after the company's high-speed broadband unit added 307,

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

AT&T (T – Research Report), the Communication Services sector company, was revisited by a Wall Street analyst yesterday. Analyst Michael

AT&T's valuation is surging following the company's recent earnings report. In addition to posting sales and earnings performance that beat Wall Street's expectations, the company also issued encouraging guidance on returning value to shareholders and its plans in the artificial intelligence ( AI) space.

TipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including AT&T and Diamondback Energy

Communications services companies rose after strong AT&T earnings. The company posted better-than-expected earnings, as the number of customers who signed up for its plans over the final quarter of 2024 topped Wall Street estimates. Shares of the cell-phone giant tested highs not seen since before the pandemic.