AT&T Q3 2024 Adj. EPS $0.60 Beats $0.57 Estimate, Sales $30.213B Miss $30.444B Estimate
Portfolio Pulse from Benzinga Newsdesk
AT&T reported its Q3 2024 earnings with an adjusted EPS of $0.60, surpassing the estimate of $0.57. However, its sales were $30.213 billion, slightly below the expected $30.444 billion.
October 23, 2024 | 10:35 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
AT&T's Q3 2024 earnings report shows a positive EPS surprise but a slight miss on sales. The adjusted EPS of $0.60 beat the $0.57 estimate, while sales of $30.213 billion fell short of the $30.444 billion forecast.
The positive EPS surprise is a bullish signal, indicating better-than-expected profitability. However, the sales miss could offset this positivity, leading to mixed market reactions. Investors may focus on the EPS beat, but the sales shortfall could temper enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100