An Insider Track To AT&T Inc. (NYSE:T) Is Announcing Its Quarter Results In This Week (Preview)
Experts Expectations:
Experts are expecting a rise of 1.9% in revenue from the year-earlier quarter to $31.85 billion.
Industry Analysis:
AT&T Inc. (NYSE:T) maintains the 2nd highest market capitalization of $10.62 billion among Networking and Communication Devices companies. The company is ranked 8th among its industry peers by return on equity which stands at 6.21 percent. The company maintains the revenue growth rate of -5.80 percent which ranks it 15th among its competitors.
Financial Analysis:
AT&T Inc. (NYSE:T) reported its total revenue to $1.12 billion for the quarter ended December 31st, 2011 as compared to revenue of $1.18 billion for same period last year. The company reported the net income of $96.26 million or earnings of $0.20 per share for the respective quarter as compared to net profit of $190.23 million or earnings of $0.36 per share last year.
The company’s total assets accumulate up to $9.98 billion with highest proportion of total current assets standing at $4.43 billion. The company maintains strong short term liquidity position as per its current ratio of 3.03 times.
AT&T Inc.’s Competitors:
Verizon Communications Inc. (NYSE:VZ), Sprint Nextel Corporation (NYSE:S), CenturyLink, Inc. (NYSE:CTL), General Communication, Inc. (NASDAQ:GNCMA), Cbeyond, Inc. (NASDAQ:CBEY), MetroPCS Communications, Inc. (NYSE:PCS), Cincinnati Bell Inc. (NYSE:CBB), PAETEC Holding Corp. (NASDAQ:PAET), and Frontier Communications Corp (NYSE:FTR).
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