AT&T Reports Strong Q1 Beat
<p><a href='https://financialmodelingprep.com/financial-summary/T'>AT&T Inc. (NYSE:T)</a> reported its Q1 results, with EPS coming in at $0.77, compared to the consensus estimate of $0.59. Revenue was $38.1 billion, beating the consensus estimate of $29.53 billion.</p>
<p>The company continues to deliver strong subscriber gains across wireless and fiber as management builds credibility with its sharpened connectivity-centric strategy. The next leg of improving investor confidence will be showing sustained earnings growth as management balances investments in 5G/fiber with declines in legacy businesses and its deleveraging commitments. </p>
<p>Analysts at RBC Capital provided their views on the company, noting that they see a favorable risk/reward, but maintain their Sector Perform rating as they look for proof points in the strategy against increasingly competitive wireless/broadband markets as well as line of sight into the end of the ongoing investment cycle before becoming more constructive.</p>

NYSE:T