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AT&T (T) Down 1.1% Since Last Earnings Report: Can It Rebound?

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It has been about a month since the last earnings report for AT&T (T - Free Report) . Shares have lost about 1.1% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is AT&T due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

It turns out, fresh estimates have trended downward during the past month.

VGM Scores

Currently, AT&T has an average Growth Score of C, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, AT&T has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry Player

AT&T belongs to the Zacks Wireless National industry. Another stock from the same industry, Verizon Communications (VZ - Free Report) , has gained 0.8% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.

Verizon reported revenues of $33.49 billion in the last reported quarter, representing a year-over-year change of +1.5%. EPS of $1.19 for the same period compares with $1.15 a year ago.

For the current quarter, Verizon is expected to post earnings of $1.18 per share, indicating a change of +2.6% from the year-ago quarter. The Zacks Consensus Estimate has changed -1.6% over the last 30 days.

Verizon has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B.


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