Headline: AT&T Surpasses Earnings Expectations by $0.03, But Falls Short on Profit Forecasts
AT&T's third-quarter earnings per share (EPS) were reported at $0.60, outperforming analysts' expectations of $0.57 by $0.03. The earnings for this quarter were set at $30.21 billion, slightly below the analyst expectations of $30.45 billion.
Guidance for AT&T's Fiscal Year 2024 EPS is projected to be between $2.15 and $2.25, while analysts had estimated it at $2.20.
AT&T's stock closed the day at $21.50, indicating a 13.10% increase over the past three months and a 38.44% rise over the past 12 months. In the last 90 days, AT&T recorded three positive EPS results and 13 negative ones.
According to InvestingPro, AT&T's financial health score is rated as "Very Good performance." You can examine AT&T's latest earnings reports and all financial details on their platform. Stay updated on all financial developments by visiting the earnings calendar.