This post was originally published on this site
AT&T announced earnings per share of $0.78 on revenue of $40.96B. Analysts polled by Investing.com anticipated EPS of $0.7606 on revenue of $40.32B.
AT&T shares are up 7% from the beginning of the year, still down 21.84% from its 52 week high of $33.88 set on May 17, 2021. They are outperforming the S&P 500 which is down 8.6% from the start of the year.
AT&T’s report follows an earnings beat by Verizon on Tuesday, who reported EPS of $1.31 on revenue of $34.1B, compared to forecasts EPS of $1.29 on revenue of $33.93B.
Netflix had beat expectations on January 20 with fourth quarter EPS of $1.33 on revenue of $7.71B, compared to forecast for EPS of $0.8328 on revenue of $7.71B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
