Company News: AT&T (T) Q3 earnings miss analysts’ estimate

Market news

24 October 2018

Company News: AT&T (T) Q3 earnings miss analysts’ estimate

AT&T (T) reported Q3 FY 2018 earnings of $0.90 per share (versus $0.74 in Q3 FY 2017), missing analysts' consensus estimate of $0.95.

The company's quarterly revenues amounted to $45.739 bln (+15.3% y/y), generally in line with analysts' consensus estimate of $45.733 bln.

The company also reaffirmed guidance for FY 2018, projecting EPS of $3.50 versus analysts' consensus estimate of $3.53.

T fell to $32.00 (-3.09%) in pre-market trading.

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