• Company News: AT&T’s (T) Q2 results beat analysts’ expectations

Market news

25 July 2018

Company News: AT&T’s (T) Q2 results beat analysts’ expectations

AT&T (T) reported Q2 FY 2018 earnings of $0.91 per share (versus $0.79 in Q2 FY 2017), beating analysts' consensus estimate of $0.89.

The company's quarterly revenues amounted to $38.986 bln (-2.1% y/y), beating analysts' consensus estimate of $38.447 bln.

The company also issued upside guidance for FY 2018, projecting EPS at high end of $3.50 range versus analysts' consensus estimate of $3.38.

T fell to $31.47 (-0.66%) in pre-market trading.

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