AT&T Earnings, Revenue Beat in Q3
2022.10.20 06:43
AT&T Earnings, Revenue Beat in Q3
Budrigannews.com – AT&T reported on Thursday third quarter that beat analysts’ forecasts and revenue that topped expectations.
AT&T announced earnings per share of $0.68 on revenue of $30.00. Analysts polled by Investing.com anticipated EPS of $0.61 on revenue of $29.87B.
AT&T shares are down 16% from the beginning of the year, still down 27.82% from its 52 week high of $21.53 set on May 26.
AT&T follows other major Communication Services sector earnings this month
AT&T’s report follows an earnings beat by Netflix on Tuesday, who reported EPS of $3.1 on revenue of $7.93B, compared to forecasts EPS of $2.18 on revenue of $7.85B.
Omnicom had beat expectations on Tuesday with third quarter EPS of $1.77 on revenue of $3.44B, compared to forecast for EPS of $1.69 on revenue of $3.35B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
