The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

The telecommunications company added more mobile phone customers than Wall Street was expecting over the fourth quarter.

Shares of AT&T (NYSE: T) gained nearly 4% on Monday, which was even more impressive given the widespread stock market disruption caused by concerns about Chinese advances in artificial intelligence. AT&T stock was climbing even higher on Tuesday, Jan. 28, and was trading for around $24.40 in the afternoon.

Analysts expect the Dallas, Texas-based company to report quarterly earnings at 50 cents per share, down from 54 cents per share in the year-ago period. AT&T projects quarterly revenue of $32.04 billion, compared to $32.02 billion a year earlier, according to data from Benzinga Pro.

AT&T's fourth-quarter results exceeded Wall Street's estimates as growth on the top- and bottom-line were boosted in part by an increase in acquired customers. The telecom company on Monday said it logged net income of $4.08 billion, or 56 cents a share, compared to $2.19 billion, or 30 cents a share, a year earlier.

Analyst review of AT&T Inc.'s strong Q4 earnings, AI investments, and shareholder returns, suggesting caution due to current valuation. Click for my T stock update.

A tech-sector freakout isn't fazing traders in AT&T, which led the S&P 500 index mid-Monday after it reported steady fourth-quarter growth. Shares in the telecom company surged 6% after the company's high-speed broadband unit added 307,

AT&T Inc. posted fourth-quarter results that beat Wall Street projections, including better-than expected increases in mobile-phone customers and

Communications services companies rose after strong AT&T earnings. The company posted better-than-expected earnings, as the number of customers who signed up for its plans over the final quarter of 2024 topped Wall Street estimates. Shares of the cell-phone giant tested highs not seen since before the pandemic.

GS analyst maintains Buy on T with $28 target. Expects modest rise in stock after in-line results and solid quarter with strong metrics.

AT&T Inc. (T) on Monday reported fourth-quarter net income of $4.08 billion. The Dallas-based company said it had profit of 56 cents per share.

ET, the Dow Jones Industrial Average fell 0.28 per cent, the S&P 500 lost 1.77 per cent, the Nasdaq Composite lost 3.04 per cent