AT&T
Shortcut
0.63Normalized diluted EPS
+4.4% vs Street
Street
0.60Normalized diluted EPS
October 18 consensus snapshot
Real
0.65Issuer adjusted diluted EPS
Model download
Explore the assumptions and calculations behind the forecast.
Shortcut’s reasoning.
Wireless pricing, service growth and fiber expansion drive the forecast, partly offset by legacy-business declines. The model projects $31.54bn revenue and $12.38bn adjusted EBITDA.
Adjusted diluted EPS is $0.63 versus the frozen Street estimate of $0.60. The calculation uses $4.285bn adjusted earnings attributable to common shares and 6.840bn diluted shares, with 22% tax and the modeled financing and buyback timing.
The $50m spectrum-interest capitalization and share timing are assumptions. Removing capitalization lowers EPS to about $0.62; plausible additional dilution can also change cent rounding. These assumptions were retained through review.
Only normalized EPS is scored. Issuer adjusted EBITDA and net-income comparisons are tracked separately because their consensus definitions are not reconciled. The workbook includes the detailed sources, bridge and retained limitations.
On the record.
- Reporting period
- Q3 2026
- Reporting basis
- adjusted normalized diluted EPS attributable to common continuing operations
- Consensus snapshot
- October 18, 2026
- Model / effort
- Opus 5.5 · High effort
- Workbook
- Reviewed workbook
Record history
- Forecast generated
- Oct 19, 2026 at 6:13 PM PDT
- First published
- Oct 19, 2026 at 11:55 PM PDT
Research sources
- https://www.sec.gov/Archives/edgar/data/732717/000073271726000294/
- https://www.sec.gov/Archives/edgar/data/732717/000073271726000297/t-20260630.htm
- https://investors.att.com/2q26-earnings-prepared-remarks
- https://www.sec.gov/Archives/edgar/data/732717/000073271726000047/
- https://www.sec.gov/Archives/edgar/data/732717/000073271726000203/
- https://www.sec.gov/Archives/edgar/data/732717/000073271725000163/
- https://www.sec.gov/Archives/edgar/data/732717/000073271726000206/t-20260331.htm
- https://www.sec.gov/Archives/edgar/data/732717/000073271725000171/t-20250930.htm
- https://about.att.com/story/2026/stankey-goldman-sachs-communacopia.html
- https://about.att.com/story/2026/echostar-spectrum.html
- https://www.stocktitan.net/sec-filings/T/8-k-at-t-inc-reports-material-event-9be29c37b547.html
- https://about.att.com/story/2026/att-to-sell-att-mexico.html
- https://about.att.com/story/2026/forged-fiber-37-gigapower-joint-venture.html
- https://about.att.com/story/2026/q3-earnings-reminder.html
- https://finance.yahoo.com/markets/stocks/articles/countdown-t-t-q3-earnings-121516715.html
- https://stockanalysis.com/stocks/t/market-cap/
- https://en.wikipedia.org/wiki/List_of_S%26P_500_companies
- https://fred.stlouisfed.org/data/EXMXUS
- https://www.cnbc.com/2026/10/09/verizon-att-tmobile-stocks-spacex-network.html
- https://www.cnbc.com/2026/10/13/bernstein-downgrades-att-spacex-wireless.html
- https://www.t-mobile.com/news/business/t-mobile-to-host-q3-2026-earnings-call-on-october-28-2026