AT&T Q2 EPS $0.63 Beats $0.60 Estimate, Sales $29.92B Miss $29.95B Estimate
Portfolio Pulse from Bill Haddad
AT&T reported Q2 earnings of $0.61 per share, beating the analyst consensus estimate of $0.54 by 12.96%. This is a 6.15% decrease from the same period last year. The company also reported quarterly sales of $29.92 billion, beating the analyst consensus estimate of $26.91 billion by 11.17%. This is a 0.92% increase from the same period last year.
July 26, 2023 | 10:28 am
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POSITIVE IMPACT
AT&T's Q2 earnings and sales beat analyst estimates, which could positively impact the stock in the short term.
AT&T's earnings and sales for Q2 have exceeded analyst estimates. This is generally seen as a positive sign and could lead to an increase in the stock price in the short term. However, the earnings are a 6.15% decrease from the same period last year, which could temper the positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100