UPDATE 1-AT&T misses revenue estimates as coronavirus weighs on business [Reuters]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Reuters
AT&T misses revenue estimates as coronavirus weighs on business (Reuters) - AT&T Inc’s ( T.N ) first-quarter revenue fell short of Wall Street expectations and the company pulled its annual forecast on Wednesday, as the impact of the coronavirus outbreak overshadowed strong growth in monthly phone subscribers. The Dallas-based phone giant is the first of the big U.S. communications companies to report quarterly results, providing a glimpse into the resiliency of the telecoms sector. Shares of AT&T were up 1% at $30.15 in premarket trading. AT&T said the pandemic reduced earnings by 5 cents per share. Advertising sales, which was severely hit due to the postponement of live sports such as March Madness and lower wireless equipment sales, led to a $600 million decline in revenue. The company said it had limited visibility for the rest of the year, but added that it had enough free cash flow to pay dividends and make debt payments. The coronavirus pandemic has battered stock markets an
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News
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- AT&T to Webcast Fireside Chat with John Stankey at the UBS Global Media and Communications Conference on Dec. 9PR Newswire
- AT&T to Release Fourth-Quarter 2025 Earnings on Jan. 28PR Newswire
- What Do You Know About Black Friday? [The New York Times]The New York Times
- Bernstein Reiterates a Buy on AT&T Inc. (T), Keeps the PT [Yahoo! Finance]Yahoo! Finance
T
Earnings
- 10/22/25 - Miss
T
Sec Filings
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- T's page on the SEC website