AT&T Inc. (T - Get Report) is expected to report earnings of 86 cents a share on sales of $45.1 billion before the market opens Wednesday, Apr. 24, based on a FactSet survey of 24 analysts.

In the same period a year ago, the company posted earnings of 85 cents a share on sales of $38 billion.

The stock has risen 9.2% since the company last reported earnings on Jan. 30.

Quarterly estimates have fallen less than 1 cent a share in the past month.

AT&T is currently trading at a price-to-forward-earnings ratio of 8.9 based on the 12-month estimates of 29 analysts surveyed by FactSet.