CA - AT&T: A Stellar Opportunity As Earnings Near
2024-07-21 07:21:24 ET
Summary
- AT&T is set to announce Q2 2024 fiscal year data on July 24th.
- Analysts expect revenue growth but predict a decline in profits.
- The company's core operating assets show impressive growth, making it an attractive prospect for the future.
- On top of this, shares are attractively priced and likely deserve upside as a result.
Those who follow my work closely know that one of the companies I own shares of is telecommunications conglomerate AT&T ( T ). Even though it's only the 6th largest of my 8 holdings in my concentrated portfolio, it still accounts for 10.2% of those assets. So clearly, I have a lot at stake in how the performance of the company goes. Of course, given how exposed I am to the business, I make sure to re-evaluate my position based on new data that comes in. It just so happens that management is about to announce new data, data covering the second quarter of the company's 2024 fiscal year. This is expected to occur on July 24th, before the market opens....
AT&T: A Stellar Opportunity As Earnings Near