AT&T (T) edges higher on 'solid' earnings beat
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January 25, 2023 9:39 AM EST
AT&T (NYSE: T) Extends Gain, Now Up 5.8%
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January 25, 2023 7:50 AM EST
By Scott Kanowsky
Investing.com -- Wall Street futures were lower on Wednesday, with traders looking ahead to a fresh set of corporate results and key U.S. gross domestic product figures later this week.
At 06:55 ET (11:55 GMT), the Dow Futures contract was down 179 points or 0.53%, S&P 500 Futures traded 29 points or 0.74% lower, and Nasdaq 100 Futures dipped 147 points or 1.24%.
Weighing on sentiment ahead of the U.S. session were disappointing results from Microsoft Corporation (NASDAQ: MSFT). The... More
January 25, 2023 6:34 AM EST
By Eva Mathews and Samrhitha A
(Reuters) -AT&T Inc's better-than-expected quarterly subscriber additions overshadowed a $25 billion non-cash charge related to the impact of higher interest rates on its businesses and triggered a 6% rise in its shares.
The carrier has used discounts and trade-in offers to lure customers in the highly competitive telecoms market, as it ramps up competition with Verizon and T-Mobile US after shedding its media business last year.
"With... More
January 25, 2023 6:31 AM EST
AT&T (NYSE: T) reported Q4 EPS of $0.61, $0.04 better than the analyst estimate of $0.57. Revenue for the quarter came in at $31.34 billion versus the consensus estimate of $31.43 billion.
For earnings history and earnings-related data on AT&T (T) click here.
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January 24, 2023 2:21 AM EST
Citi analyst Michael Rollins raised the price target on AT&T (NYSE: T) to $22.00 (from $20.00) while maintaining a Buy rating.... More
January 23, 2023 11:11 AM EST
AT&T (NYSE: T) January weekly call option implied volatility is at 53, February is at 28; compared to its 52-week range of 19 to 36 into the expected release of quarter results before the bell on January 25.
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