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AT&T announced earnings per share of $0.84 on revenue of $42.78B. Analysts polled by Investing.com anticipated EPS of $0.85 on revenue of $44.33B. That with comparison to EPS of $0.86 on revenue of $44.83B in the same period a year before. AT&T had reported EPS of $0.89 on revenue of $46.82B in the previous quarter. Analysts are expecting EPS of $0.84 and revenue of $43B in the upcoming quarter.
AT&T shares are down 23% from the beginning of the year , still down 24.76% from its 52 week high of $39.70 set on November 18, 2019. They are under-performing the S&P 500 which is down 15.66% year to date.
AT&T’s report follows an earnings missed by Netflix on Tuesday, who reported EPS of $1.57 on revenue of $5.77B, compared to forecasts EPS of $1.63 on revenue of $5.74B.
McDonald’s had beat expectations on January 29 with fourth quarter EPS of $1.97 on revenue of $5.35B, compared to forecast for EPS of $1.96 on revenue of $5.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
