AT&T Inc. · T · Next earnings

AT&T Inc. reports Wednesday, Jan 27, 2027

T reports before market open with consensus EPS at $0.53 and revenue at $34.70B. Last quarter: AT&T: Strong connectivity growth, higher EPS outlook, execution risks remain

Reports Before market open83 days awayDate estimated Communication Services

What the street expects

Consensus for the coming report
Consensus EPS $0.53 Calendar consensus
Consensus revenue $34.70B Calendar consensus
Report date Jan 27, 2027 Wednesday, date estimated
Session Before market open 83 days away

Where T left off: FY2026 Q3

Full report

AT&T: Strong connectivity growth, higher EPS outlook, execution risks remain

EPS surprise +8.0% Reported $0.65 vs $0.60
Revenue surprise +1.9% Reported $32.30B vs $31.69B
Stock move -6.4% Event window
Subsequent drift 0.0% Up to 20 sessions

Management raised full-year adjusted EPS guidance to $2.40; the analysis describes guidance sentiment as raised.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Higher Q4 marketing and device-acquisition costs may compress margins.
  • Vendor dispute settlements are expected to affect the Q4 legacy segment.
  • Fiber ARPU may remain pressured by introductory pricing and convergence discounts.
  • Higher leverage after the EchoStar spectrum acquisition and regulatory or interest-rate changes could affect cash flow and debt service.

Questions analysts left open

  • Q4 margin pressure from higher marketing spend and vendor dispute settlements.
  • Fiber ARPU sustainability as introductory pricing and convergence discounts expand.
  • Capital-expenditure and free-cash-flow assumptions for 2027–28.

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Recent T quarters

All T earnings
-6.4%FY2026 Q3+3.5%FY2026 Q2+0.4%FY2026 Q1+4.7%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.