AT&T Earnings, Revenue Beat in Q2
2022.07.21 14:26
AT&T Earnings, Revenue Beat in Q2
Investing.com – AT&T reported on Thursday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
AT&T announced earnings per share of $0.65 on revenue of $29.64B. Analysts polled by Investing.com anticipated EPS of $0.6088 on revenue of $29.53B.
AT&T shares are up 10% from the beginning of the year, still down 4.97% from its 52 week high of $21.55 set on August 2, 2021. They are outperforming the S&P 500 which is down 16.92% from the start of the year.
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 $3.2 on revenue of $7.97B, compared to forecasts EPS of $2.96 on revenue of $8.03B.
America Movil ADR A had missed expectations on July 13 with second quarter EPS of $0.21 on revenue of $10.48B, compared to forecast for EPS of $0.4103 on revenue of $10.67B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
