AT&T Stock Soars as Earnings Beat Expectations in First Quarter Analysis
Dallas, Texas – AT&T reported first-quarter earnings on Wednesday that surpassed expectations but saw a slight dip from the previous year. The company’s revenue fell slightly below estimates, but AT&T stock saw an increase as wireless subscriber and free cash flow growth exceeded projections. Before the market opened, AT&T announced adjusted earnings of 55 cents per share for the quarter ending in March, an 8% decrease from the same period last year. Revenue from continuing …