AT&T (NYSE:T) reported its Q3 earnings results on Thursday, October 20, 2022 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
AT&T beat estimated earnings by 11.48%, reporting an EPS of $0.68 versus an estimate of $0.61.
Revenue was down $9.88 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 2.75% drop in the share price the next day.
Here’s a look at AT&T’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.61 | 0.59 | 0.76 | 0.78 |
| EPS Actual | 0.65 | 0.77 | 0.78 | 0.87 |
| Revenue Estimate | 29.56B | 29.53B | 40.43B | 39.14B |
| Revenue Actual | 29.64B | 38.10B | 40.96B | 39.92B |
To track all earnings releases for AT&T visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
