Telecom Stocks Head Into Earnings In Doldrums Amid Market Rally [Investor's Business Daily]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Investors Business Daily
Related news Telecom companies have been out in the cold for the most part amid the market's broad rally, with the possible exception of firms like T-Mobile, whose stock has climbed lately. But when phone and cable TV providers report June-quarter earnings in coming days, updates could warm up investor sentiment toward telecom stocks. Among the highlights in upcoming reports — which start to trickle out next week — John Stankey is expected to make his first earnings call appearance as AT&T 's ( T ) chief executive. Meanwhile, analysts will seek updated guidance from T-Mobile US ( TMUS ) as it accounts for its merger with Sprint. At AT&T, Stankey replaced Randall Stephenson, effective July 1. The telecom giant will release earnings before the market open on July 23. Analysts say its results could impact other telecom stocks. "We believe AT&T's results will be an early barometer for a broad set of subsectors including wireless, enterprise, broadband and media," Bank of America analyst D
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- 4/24/24 - Beat
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Sec Filings
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- T's page on the SEC website