Apple Inc. Exceeds Market Expectations: Key Performance Indicators

AT&T Surpasses Market Returns: Some Facts Worth Knowing

AT&T Inc. (T - Free Report) has been a consistent performer in the telecommunications industry, and its recent performance has been impressive. As of the end of the first quarter, the company's stock has surpassed market returns, leaving many investors wondering what's driving this surge.

Here are some key facts worth knowing about AT&T's performance:

• AT&T's stock has gained 14.5% year-to-date, outperforming the S&P 500's 10.5% gain.
• The company's first-quarter earnings per share (EPS) of $0.94 beat the Zacks Consensus Estimate by 2.2%.
• AT&T's revenue of $43.6 billion surpassed the Zacks Consensus Estimate of $42.9 billion.
• The company's wireless segment, which accounts for the majority of its revenue, saw a 2.1% year-over-year increase in service revenue.
• AT&T's fiber business, which is a key driver of its growth strategy, saw a 14.1% year-over-year increase in revenue.
• The company's debt-to-capital ratio has improved significantly, dropping from 0.74 in the first quarter of 2020 to 0.54 in the first quarter of 2021.

While AT&T's performance has been impressive, there are still some concerns surrounding the company's debt levels and the impact of the COVID-19 pandemic on its business. However, with its strong wireless segment and growing fiber business, AT&T appears well-positioned to continue its growth momentum in the coming quarters.

Investors looking for a stable dividend payer with a strong track record of performance may want to consider adding AT&T to their portfolios. With its current dividend yield of 5.4%, AT&T offers an attractive income opportunity for income-seeking investors.