Analysts expect revenue growth at AT&T, Iridium and Cass Information Systems

what happened

Earnings Preview reports that AT&T, Iridium Communications and Cass Information Systems will publish quarterly results on October 21. Analysts expect all three to show higher revenue for the period ended September 30, 2026.

According to LSEG, AT&T is expected to post revenue of $31.686 billion, up from $30.71 billion a year earlier, and earnings of 60 cents a share. The average forecast for Iridium points to revenue of $236.303 million, a 4.1% rise, and earnings of 33 cents a share. Cass Information Systems is expected to bring in $52.355 million (up 4.6%) and earn 80 cents a share.

Analysts rate AT&T a buy, with a median 12-month price target of $28 against a last close of $23.44. Iridium is rated hold, with a median target of $40 versus a price of $43.76. Cass is rated buy, with a target of $59.50 against a close of $54.68.

why it matters

The AT&T report, from the largest of the three issuers, is a useful gauge for the telecom sector as a whole. According to LSEG, earnings estimates for all three companies have not changed over the past three months, so surprises in the reports are likely to be the main driver of price moves.

market impact

AT&T shares and the telecom sector: the report sets a revenue and profit benchmark for the industry

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