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

Market news

26 April 2018

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

AT&T (T) reported Q1 FY 2018 earnings of $0.85 per share (versus $0.74 in Q1 FY 2017), missing analysts' consensus estimate of $0.88.

The company's quarterly revenues amounted to $38.038 bln (-3.4% y/y), missing analysts' consensus estimate of $39.356 bln.

T fell to $33.84 (-3.86%) in pre-market trading.

Company News: Facebook (FB) quarterly results beat analysts’ forecasts

ECB interest rate decision and press conference the main event of the day. The interest rate is expected to be held at 0.00% (-0.40% deposit) but the volatility could come at the press conference where ECB Governor Draghi could hint monetary policy path

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