AT&T lifts 2026 earnings outlook. AT&T stock sits above EUR 18.65

Published on 10/27/2026 at 11:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AT&T lifted adjusted earnings guidance to USD 2.40 on October 21, 2026. AT&T stock costs EUR 18.79, 0.77 percent above its Xetra close.

Guidance and balance sheet

AT&T raised its 2026 adjusted earnings outlook to USD 2.40 on October 21, 2026.
Total debt reached USD 159.6 billion at the end of the third quarter of 2026.
AT&T stock trades at EUR 18.79 at 11:06 a.m. CET at Lang & Schwarz on October 27, 2026, 0.77 percent above the Xetra close of October 26, 2026.

AT&T Inc., US00206R1023, Illustration mit AI erstellt.

AT&T Inc. (ISIN US00206R1023) lifted its 2026 adjusted earnings-per-share outlook to USD 2.40 after third-quarter revenue reached USD 32.3 billion. In its release dated October 21, 2026, AT&T also presented lower long-term capital investment plans.

October 21 results reset outlook

Third-quarter revenue rose 5.3 percent year over year to USD 32.3 billion, while adjusted earnings per share increased to USD 0.65 from USD 0.54 in the year-ago quarter, according to AT&T. The result gives the revised outlook a stronger operating base, although the reported quarter included a USD 2.6 billion non-cash impairment charge tied to the Mexico wireless business.

Three dated events shape the story

On October 13, 2026, AT&T entered an agreement to sell its Mexico wireless business and recorded the USD 2.6 billion impairment charge, as AT&T stated. On October 21, 2026, the company reported USD 32.3 billion in third-quarter revenue. On the same date, it raised its 2026 adjusted earnings-per-share outlook to USD 2.40 from a previous range of USD 2.25 to USD 2.35.

What does the higher outlook mean for debt?

The balance sheet remains the central counterweight to the improved earnings outlook. AT&T reported total debt of USD 159.6 billion and net debt of USD 149.8 billion at September 30, 2026, while its long-term target is a net-debt-to-adjusted-EBITDA ratio in the 2.5 times range, according to AT&T. Capital allocation therefore remains important alongside subscriber and fiber growth.

Price stays above the Xetra close

AT&T stock was trading at EUR 18.79 at Lang & Schwarz on October 27, 2026 at 11:06 a.m. CET, up 0.77 percent versus the Xetra close of October 26, 2026 at EUR 18.65. The primary listing is on the NYSE under ticker T, and the latest primary-market quote was USD 20.85 on October 26, 2026 at 4:02 p.m. ET.

The further course of trading is shown by the continuously updated real-time quote of AT&T stock.