AT&T sees big subscriber gains as earnings top expectations

2 years ago 234

Earnings Results

Published: Oct. 21, 2021 astatine 7:10 a.m. ET

Company had 928,000 postpaid telephone nett additions successful 3rd quarter

AT&T exceeded nett expectations with its latest results.

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Shares of AT&T were gaining successful premarket trading Thursday aft the telecommunications elephantine posted better-than-expected nett for its 3rd 4th and continued to spot beardown subscriber additions successful its wireless business.

The institution posted nett income of $5.9 billion, oregon 2 cents a share, astir treble the $2.8 billion, oregon 39 cents a share, that AT&T T reported successful the year-prior quarter. After adjustments, AT&T earned 87 cents a share, up from 76 cents a twelvemonth earlier and supra the FactSet consensus, which called for 78...

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