Trending: AT&T Earnings Miss Forecast in 4Q, But Revenue Tops Views
25 January 2024 - 2:23AM
Dow Jones News
9:53 ET -- AT&T is one of the most mentioned companies in
the U.S. across all news items in the last 12 hours, according to
Factiva data. Earlier Wednesday, the telecom giant reported
fourth-quarter earnings that missed Wall Street estimates but its
revenue exceeded forecasts. AT&T saw adjusted earnings per
share of 54 cents. Meanwhile, the company's revenue rose 2.2% to
$32 billion. Analysts were expecting an adjusted EPS of 56 cents on
$31.5 billion in revenue, according to FactSet. For 2024, AT&T
is projecting adjusted EPS of $2.15 to $2.25, compared with
consensus estimates of $2.46. Dow Jones & Co. owns Factiva.
(susan.solan@wsj.com)
(END) Dow Jones Newswires
January 24, 2024 10:08 ET (15:08 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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