AT&T raises full-year profit outlook, but shares fall in premarket trading
š On October 21, AT&T reported third-quarter revenue of $32.3 billion, up 5.3% year over year. Adjusted EPS reached $0.65, beating the $0.60 forecast. The company raised its 2026 adjusted EPS outlook to approximately $2.40 from $2.25ā$2.35.
š AT&T added a record 769,000 internet subscribers, highlighting growth in fiber and fixed wireless services. Bundling internet and mobile services remains a key business driver.
š However, shares fell in premarket trading. Postpaid phone additions of 379,000 were broadly in line with expectations, keeping competition and holiday promotions in focus. The earnings beat and higher outlook were therefore insufficient to lift the marketās initial response.
#ATT $BNB
š On October 21, AT&T reported third-quarter revenue of $32.3 billion, up 5.3% year over year. Adjusted EPS reached $0.65, beating the $0.60 forecast. The company raised its 2026 adjusted EPS outlook to approximately $2.40 from $2.25ā$2.35.
š AT&T added a record 769,000 internet subscribers, highlighting growth in fiber and fixed wireless services. Bundling internet and mobile services remains a key business driver.
š However, shares fell in premarket trading. Postpaid phone additions of 379,000 were broadly in line with expectations, keeping competition and holiday promotions in focus. The earnings beat and higher outlook were therefore insufficient to lift the marketās initial response.
#ATT $BNB
