AT&T Reports Third-Quarter Results
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Morgan Stanley Reiterates Overweight Rating on AT&T (T) Following 'Solid' Q3
October 20, 2022 12:30 PM EDTMorgan Stanley analyst Simon Flannery reiterated an Overweight rating and $22.00 price target on AT&T (NYSE: T) following "solid" Q3 results with good KPIs and guidance reiterated, although leverage remains elevated.
The analyst commented, "AT&Ts 3Q22 print should provide some encouragement following the disappointing 2Q22 print, with the company meeting or beating... More
AT&T (T) Tops Q3 EPS by 7c, Revenue Beats
October 20, 2022 6:29 AM EDTAT&T (NYSE: T) reported Q3 EPS of $0.68, ex-items, $0.07 better than the analyst estimate of $0.61. Revenue for the quarter came in at $30 billion versus the consensus estimate of $29.87 billion.
708,000 postpaid phone net adds; 2.2 million-plus through the third quarter, expected to be industry... More