Investing.com - AT&T reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AT&T announced earnings per share of $0.86 on revenue of $43.94B. Analysts polled by Investing.com anticipated EPS of $0.7769 on revenue of $42.7B.
AT&T shares are up 4% from the beginning of the year and are trading at $30.11 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.11% 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 $1.31 on revenue of $32.9B, compared to forecasts EPS of $1.29 on revenue of $32.44B.
Netflix had beat expectations on Wednesday with first quarter EPS of $3.75 on revenue of $7.16B, compared to forecast for EPS of $2.97 on revenue of $7.14B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar