Investing.com - AT&T (NYSE:T) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
AT&T announced earnings per share of $0.76 on revenue of $42.34B. Analysts polled by Investing.com anticipated EPS of $0.77 on revenue of $41.6B.
AT&T shares are down 31% from the beginning of the year and are trading at $26.72 , down-from-52-week-high.They are under-performing the S&P 500 which is up 6.34% from the start of the year.
AT&T follows other major Services sector earnings this month
AT&T's report follows an earnings beat by Verizon on Wednesday, who reported EPS of $1.25 on revenue of $31.5B, compared to forecasts EPS of $1.22 on revenue of $31.59B.
Netflix had missed expectations on Tuesday with third quarter EPS of $1.74 on revenue of $6.44B, compared to forecast for EPS of $2.13 on revenue of $6.39B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar