AT&T Reports Q3 Adjusted EPS of $0.65, Raises 2026 Outlook
AT&T reported third-quarter adjusted EPS of $0.65 versus $0.60 expected and revenue of $32.3 billion versus $31.69 billion expected. GAAP diluted EPS from continuing operations fell to $0.13 from $1.29, reflecting a $2.6 billion non-cash impairment. The headline says AT&T raised its 2026 EPS outlook; the stock fell.
AT&T (NYSE:T) posted third-quarter adjusted EPS of $0.65, exceeding the analyst consensus of $0.60. Revenue came in at $32.3 billion, versus the $31.69 billion estimate. GAAP diluted EPS from continuing operations declined to $0.13 from $1.29. The change reflected a $2.6 billion non-cash impairment on its Mexico wire…