AT&T (NYSE:T) reported its Q3 earnings results on Thursday, October 21, 2021 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
AT&T beat their estimated earnings by 11.54%, which surprised analysts.
Revenue was up $2,418,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1, which was followed by a 0.5% increase in the share price the next day.
Here’s a look at AT&T’s past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.79 | 0.78 | 0.73 | 0.76 |
| EPS Actual | 0.89 | 0.86 | 0.75 | 0.76 |
| Revenue Estimate | 42.64B | 42.69B | 44.55B | 41.61B |
| Revenue Actual | 44.05B | 43.94B | 45.69B | 42.34B |
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