T Stock News


AT&T (NYSE: T) Stock Down After Earnings Miss Today; More Challenges Remain

AT&T Inc. (NYSE: T) stock was down 1.5% in after-hours trading today (Wednesday) after the company reported earnings per share (EPS), excluding significant items, of $0.62 on consolidated revenue of $32.6 billion. Both those figures missed consensus estimates, which projected EPS of $0.63 on $33.2 billion in revenue.

Second-quarter EPS was down from the year-ago period when the company reported $0.67. Revenue was up slightly from last year's total of $32.08.

While the company did report strong subscriber growth, the stock has still been lackluster. Here's why...