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AT&T: Q3 Earnings Snapshot
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DALLAS (AP) — DALLAS (AP) — AT&T Inc. (T) on Wednesday reported third-quarter net income of $891 million.

The Dallas-based company said it had net income of 12 cents per share. Earnings, adjusted for asset impairment costs and to account for discontinued operations, came to 65 cents per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share.

The telecommunications company posted revenue of $32.32 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $31.68 billion.

AT&T expects full-year earnings to be $2.40 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on T at https://www.zacks.com/ap/T

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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