AT&T (T) reported Q2 FY 2020 earnings of $0.83 per share (versus $0.89 per share in Q2 FY 2019), beating analysts’ consensus estimate of $0.80 per share.
The company’s quarterly revenues amounted to $40.950 bln (-8.9% y/y), generally in line with analysts’ consensus estimate of $40.868 bln.
T rose to $30.60 (+1.46%) in pre-market trading.