Company news: AT&T (T) quarterly earnings match analysts' forecast

AT&T (T) reported Q2 FY2024 earnings of $0.57 per share (versus $0.63 per share in Q2 FY2023), matching analysts’ consensus estimate.

The company’s quarterly revenues amounted to $29.800 bln (-0.3% y/y), slightly missing analysts’ consensus estimate of $30.050 bln.

The company also reaffirmed EPS guidance for FY2024 of $2.15-2.25 versus analysts’ consensus estimate of $2.22.

T rose to $18.73 (+2.86%) in pre-market trading.