Company News: AT&T (T) quarterly results beat analysts’ expectations

Market news

1 February 2018

Company News: AT&T (T) quarterly results beat analysts’ expectations

AT&T (T) reported Q4 FY 2017 earnings of $0.78 per share (versus $0.66 in Q4 FY 2016), beating analysts' consensus estimate of $0.65.

The company's quarterly revenues amounted to $41.676 bln (-0.4% y/y), beating analysts' consensus estimate of $41.208 bln.

The company also issued upside guidance for FY2018, projecting EPS of $3.50 versus analysts' consensus estimate of $2.97.

T rose to $38.83 (+3.68%) in pre-market trading.

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