Company news: AT&T (T) posts mixed quarterly results

AT&T (T) reported Q1 FY2025 earnings of $0.51 per share (versus $0.55 per share in Q1 FY2024), missing analysts’ consensus estimate of $0.53 per share.

The company’s quarterly revenues amounted to $30.600 bln (+2.0% y/y), slightly beating analysts’ consensus estimate of $30.415 bln.

The company also reaffirmed EPS guidance for FY2025 of $1.97-2.07 versus analysts’ consensus estimate of $2.08.

T rose to $27.77 (+3.00%) in pre-market trading.