Archive · 23 Jul 2025
AT&T Shares Fall After Profit Forecast Disappoints Investors
AT&T, a phone and internet company, announced that they expect to make less money than experts thought.
Because of this, the company's stock price went down.
They expect their earnings per share to be around $2.
They are also making more money from sales, with a revenue increase of 3.4%.
They are using money saved from tax breaks to build a faster internet network using fiber optic cables.
AT&T's stock price decreased in pre-market trading on Wednesday.
The company's 2025 profit forecast is below Wall Street estimates.
Adjusted earnings per share are projected to be between $1.97 and $2.07.
AT&T's revenue for the second quarter rose 3.4% to $30.8 billion.
The company is investing in its fiber optic network using tax savings.
- Who
- AT&T Inc.
- What
- AT&T's stock slumped due to a lower-than-expected profit forecast.
- When
- Wednesday in pre-market trading
- Where
- United States
- Why
- The profit forecast for 2025 fell short of Wall Street expectations.
- Stock Drop
- 3.7% in pre-market trading
- Closing Price (Tuesday)
- $27.42
- Year-to-date stock increase
- 20% through Tuesday's close
- Q2 Earnings per Share
- 54 cents
- Q2 Revenue
- $30.8 billion
- Q2 Free Cash Flow
- $4.4 billion
- 2025 EPS Forecast
- $1.97 to $2.07
- Tax Savings (through 2027)
- $6.5 billion to $8 billion