Company news: AT&T (T) posts mixed quarterly results

AT&T (T) reported Q3 FY2024 earnings of $0.60 per share (versus $0.64 per share in Q3 FY2023), beating analysts’ consensus estimate of $0.57 per share.

The company’s quarterly revenues amounted to $30.200 bln (-0.5% y/y), missing analysts’ consensus estimate of $30.498 bln.

The company also issued in-line FY2024 EPS guidance of $2.15-2.25 versus analysts’ consensus estimate of $2.20.

T rose to $22.06 (+2.60%) in pre-market trading.