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AT&T: Q1 Earnings Insights

AT&T (NYSE:T) reported its Q1 earnings results on Thursday, April 20, 2023 at 06:30 AM. Here’s what investors…
byBenzinga Insights
April 20, 2023
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AT&T (NYSE:T) reported its Q1 earnings results on Thursday, April 20, 2023 at 06:30 AM.

Here’s what investors need to know about the announcement.

Earnings

AT&T beat estimated earnings by 3.45%, reporting an EPS of $0.6 versus an estimate of $0.58.

Revenue was down $7.97 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 2.06% drop in the share price the next day.

Here’s a look at AT&T’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.57 0.61 0.61 0.59
EPS Actual 0.61 0.68 0.65 0.77
Revenue Estimate 31.39B 29.86B 29.56B 29.53B
Revenue Actual 31.34B 30.04B 29.64B 38.10B

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.

 
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