AT&T (T) Reports In-Line Q3 EPS, Revs Beat
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/24/2024
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
AT&T (T) PT Lowered to $30 at RBC Capital Following Mixed 3Q
October 26, 2020 7:09 AM EDTRBC Capital analyst Jonathan Atkin lowered the price target on AT&T (NYSE: T) to $30.00 (from $32.00) while maintaining a Sector Perform rating following the company's 3Q earnings report. Relative to consensus, revenue of $42.3B was 1.7% ahead, adjusted EBITDA of $13.3B was 2.7% below, adjusted... More
AT&T takes pandemic hit, but surpasses revenue expectations
October 22, 2020 6:19 AM EDTBy Sheila Dang
(Reuters) - AT&T Inc on Thursday reported the coronavirus pandemic had taken a heavy toll on its media business, but quarterly results were offset by more new phone subscribers than expected, which executives credited to the improved quality of its wireless network.
That helped AT&T beat revenue expectations. Total revenue was $42.3 billion during the third quarter ended Sept. 30, exceeding the average analyst expectation of $41.59 billion, according to IBES data from Refinitiv.
Shares of AT&T surged 5% to $28.11 in morning trading.
The company added 645,000 net new phone subscribers during the... More
