What's the long-term outlook for T's earnings?

**AT&T's long-term earnings outlook appears positive**, considering the following points:

1. **Stable Financial Performance**: AT&T has demonstrated strong earnings growth, with a net income of $4.41 billion in the most recent quarter, a 70.72% year-over-year increase. This indicates a robust business performance that bodes well for future earnings potential.
T Net Income Growth Rate, Revenue Growth Rate
|code|stock code|stock name|Last Price|Last Change|Net Income Yoy Growth|Net Income|Report End Date|Fiscal Date|Report Period|Total Revenue Yoy Growth|Total Revenue|market_code|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|T|T.N|AT&T|28.2|1.98915|70.72037180480247|4.408E9|20241231|20241231|2024Q4|0.8619074386359378|3.2298E10|169|

2. **Revenue Growth**: Although the total revenue growth rate is relatively low at 0.86%, the company's revenue has increased to $32.3 billion. This steady growth in revenue, coupled with improving net income, suggests a healthy business expansion trajectory.
3. **Analyst Optimism**: The consensus rating for AT&T is a "Strong Buy" with an average analyst price target of $26.78, indicating that analysts are optimistic about the company's future performance. This sentiment is supported by the recent revision of AT&T's outlook to positive by S&P Global Ratings, citing solid earnings growth and improving credit metrics.
4. **Strategic Investments**: AT&T's investments in its mobile and broadband segments have been successful in driving revenue and margin growth in the consumer segment. The company's focus on expanding its postpaid phone subscribers and increasing wireless service revenue is expected to contribute to future earnings growth.
5. **Dividend and Shareholder Returns**: AT&T has a history of paying dividends, with a recent quarterly dividend yielding 4.07%. The company's dividend payout ratio is 74.50%, which suggests that it retains a significant portion of its earnings, potentially for reinvestment and further earnings growth.

In conclusion, AT&T's strong earnings growth, positive analyst ratings, strategic investments, and commitment to shareholder returns suggest a favorable long-term outlook for the company's earnings.