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.
