Investing.com - AT&T reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AT&T announced earnings per share of $0.68 on revenue of $30.00. Analysts polled by Investing.com anticipated EPS of $0.61 on revenue of $29.87B.
AT&T shares are down 16% from the beginning of the year and are trading at $15.54 , down-from-52-week-high.
AT&T follows other major Communication Services sector earnings this month
AT&T's report follows an earnings beat by Netflix on Tuesday, who reported EPS of $3.1 on revenue of $7.93B, compared to forecasts EPS of $2.18 on revenue of $7.85B.
Omnicom had beat expectations on Tuesday with third quarter EPS of $1.77 on revenue of $3.44B, compared to forecast for EPS of $1.69 on revenue of $3.35B.
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