AT&T (NYSE:T) reported first quarter earnings that matched analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.86 on revenue of $44.87B. Analysts polled by forecast EPS of $0.86 on revenue of $45.13B. That compared to EPS of $0.85 on revenue of $38.04B in the same period a year earlier. The company had reported EPS of $0.86 on revenue of $48.04B in the previous quarter.
AT&T follows other major Services sector earnings this month
On Tuesday, Verizon reported first quarter EPS of $1.2 on revenue of $32.13B, compared to forecasts of EPS of $1.17 on revenue of $32.15B.
Netflix earnings Beat analysts' expectations on April 16, with first quarter EPS of $0.76 on revenue of $4.52B. analysts expected EPS of $0.58 on revenue of $4.5B
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