AT&T Q1 revenue beats estimates but stock falls 13.7%

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2▲0 ▼4Impact / 5
Summary · why it matters

AT&T reported first-quarter revenues of $31.51 billion, up 2.9% year on year and exceeding analyst expectations by 0.9%, though the stock has since declined 13.7% to $22.33. Among the seven consumer discretionary wireless, cable and satellite stocks tracked, Comcast posted the strongest quarter with revenues of $31.46 billion, up 10.9% and beating estimates by 3.4%, yet its shares fell 23.2%. Optimum Communications was the weakest, with revenues down 4% to $2.07 billion and significant misses on operating income and EPS, though its stock rose 12%. Charter Communications saw revenues slip 1% to $13.6 billion and missed EPS and operating income estimates, sending shares down 45.3%, while Verizon's revenues grew 2.9% to $34.44 billion but missed expectations by 1.5%, with the stock down 1.9%.

Impact on assets 5

Cloud & Digital Infrastructure▼ · 4 stocks
Comcast Corp
CMCSA
▼ NegativeCapitalrelevance

Comcast beat revenue estimates but shares fell 23.2%, likely due to market disappointment or broader sector sell-off.

AT&T Inc.
T
▼ NegativeCapitalrelevance

AT&T beat revenue estimates but stock fell 13.7%, possibly due to market reaction to earnings quality or guidance.

Communication Services▼ · 1 stocks
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