Top Wall Street Forecasters Revamp AT&T Expectations Ahead Of Q2 Earnings

AT&T Inc. (NYSE: T ) will release its second quarter earnings report before the opening bell on Wednesday, July 22. Analysts expect the Dallas, Texas-based company to report quarterly earnings of 59 cents per share, up from 54 cents per share in the year-ago period. The consensus estimate for AT&T’s quarterly revenue is $31.82 billion. It reported $30.85 billion last year, according to Benzinga Pro. On July 7, AT&T, Ericsson and MediaTek completed North America’s first in-field trial of enhanced mobility features tied to Ericsson’s 5G Advanced Critical IoT subscription. Shares of AT&T rose 1.4% to close at $22.26 on Tuesday.