• Company News: AT&T (T) quarterly earnings miss analysts’ forecast

Market news

22 October 2020

Company News: AT&T (T) quarterly earnings miss analysts’ forecast

AT&T (T) reported Q3 FY 2020 earnings of $0.76 per share (versus $0.94 per share in Q3 FY 2019), missing analysts’ consensus estimate of $0.77 per share.

The company’s quarterly revenues amounted to $42.430 bln (-4.8% y/y), beating analysts’ consensus estimate of $41.659 bln.

T rose to $27.16 (+1.65%) in pre-market trading.

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