Story perspectives

Q1 Earnings Surprise: AT&T, Alphabet, and RTX Soar

4/24/2025

40 8

Summary

Story summary

AT&T exceeded Q1 expectations with adjusted EPS of $0.51 and $30.6 billion in revenue, boosting stock by over 3%.
The company plans to resume stock buybacks in Q2, its first since 2020, indicating financial confidence.
Alphabet's stock rose nearly 3% ahead of Q1 earnings, fueled by optimism in AI and a projected 17% growth in Google Cloud revenue.
RTX Corp. surpassed Q1 earnings estimates at $1.47 per share and $20.3 billion in revenue, despite tariff concerns.
Analysts are optimistic about RTX, highlighting strong fundamentals and a $2 billion investment in U.S. manufacturing for future growth.

History

Historical Context

AT&T's decision to resume stock buybacks reflects a trend that began in the 1980s. Following SEC Rule 10b-18, companies increasingly utilized buybacks to boost share prices and executive compensation. This practice has faced criticism for prioritizing shareholder value over employee wages, echoing historical economic imbalances.

1 of 2

Story summary

AT&T exceeded Q1 expectations with adjusted EPS of $0.51 and $30.6 billion in revenue, boosting stock by over 3%.
The company plans to resume stock buybacks in Q2, its first since 2020, indicating financial confidence.
Alphabet's stock rose nearly 3% ahead of Q1 earnings, fueled by optimism in AI and a projected 17% growth in Google Cloud revenue.
RTX Corp. surpassed Q1 earnings estimates at $1.47 per share and $20.3 billion in revenue, despite tariff concerns.
Analysts are optimistic about RTX, highlighting strong fundamentals and a $2 billion investment in U.S. manufacturing for future growth.

1 / 2