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AT&T Shares in Focus as Rival Verizon Misses Analyst Estimates

AT&T will report its fourth-quarter earnings results Wednesday after the markets close.

Shares of the communication company are in focus as it prepares to report its fiscal fourth-quarter results on Wednesday after markets close. Wall Street expects AT&T (T) - Get Free Report to report earnings of 66 cents a share on revenue of about $42 billion. For the full year, analysts anticipate earnings of $2.84 a share on revenue of $164 billion. TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, says that AT&T's DirecTV acquisition was "brilliant" and helped to diversified the business.