Comment on AT&T shares down 3% after earnings miss

AT&T shares down 3% after earnings miss

AT&T just reported earnings and revenue that missed expectations. In immediate reaction in after hours trade, the stock was down as much as 3%. AT&T reported third quarter adjusted EPS of $0.63 against expectations for $0.64 on revenue of $33 billion against expectations for $33.24 billion. The wireless carrier also announced that it added 785,000 net postpaid subscribers in the third quarter, bringing its net adds to more than 2.4 million year-to-date.

 

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