financetom
Business
financetom
/
Business
/
AT&T's Q2 Adjusted Earnings, Revenue Fall; 2024 Guidance Affirmed
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
AT&T's Q2 Adjusted Earnings, Revenue Fall; 2024 Guidance Affirmed
Jul 24, 2024 4:15 AM

06:58 AM EDT, 07/24/2024 (MT Newswires) -- AT&T ( T ) reported Q2 adjusted earnings Wednesday of $0.57 per diluted share, down from $0.63 a year earlier.

Analysts polled by Capital IQ expected $0.57.

Revenue for the quarter ended June 30 was $29.80 billion, down from $29.92 billion a year earlier.

Analysts surveyed by Capital IQ expected $29.98 billion.

The company said it continues to expect 2024 adjusted EPS of $2.15 to $2.25.

Analysts polled by Capital IQ expect $2.21.

The company's shares were up 3.3% in recent Wednesday premarket activity.

Price: 19.09, Change: +0.88, Percent Change: +4.83

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Consumer
Sector Update: Consumer
Jun 3, 2024
01:25 PM EDT, 06/03/2024 (MT Newswires) -- Consumer stocks were decreasing Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.7%. In corporate news, Paramount (PARA) and Skydance have agreed to the terms of a merger that is expected to be announced in the coming days,...
Why Is Boeing Stock Soaring On Monday?
Why Is Boeing Stock Soaring On Monday?
Jun 3, 2024
On Monday, Airplane maker Boeing ( BA ) Co shares are trading higher after a Reuters report that said its executives are unlikely to face criminal charges over the fatal crashes in 2018 and 2019 that resulted in the deaths of 346 individuals. The conclusion comes as the five-year statute of limitations for prosecuting most federal crimes has likely expired,...
National Bank Recaps Canadian Banks Q2
National Bank Recaps Canadian Banks Q2
Jun 3, 2024
01:17 PM EDT, 06/03/2024 (MT Newswires) -- National Bank notes that overall , second quarter results of the Big 6 banks were good. The main points were that five out the Big-6 banks beat consensus expectations; operating leverage was positive across the board; capital ratios continue to strengthen; and the outlook for certain business lines, such as Capital Markets, is...
Medical Facilities' Black Hills Surgical Hospital to Offer Heart and Vascular Services with Fall 2024 Opening
Medical Facilities' Black Hills Surgical Hospital to Offer Heart and Vascular Services with Fall 2024 Opening
Jun 3, 2024
01:24 PM EDT, 06/03/2024 (MT Newswires) -- Medical Facilities ( MFCSF ) on Monday said the Black Hills Surgical Hospital is expanding its services and will begin offering heart and vascular care in conjunction with the opening of the Black Hills Heart & Vascular Institute in the latter part of the fall of 2024. The Institute will bring a much-needed...
Copyright 2023-2026 - www.financetom.com All Rights Reserved