30.78 -0.01 (-0.03%)
After hours: 7:59PM EDT
|Bid||30.76 x 800|
|Ask||30.77 x 3100|
|Day's Range||30.52 - 31.59|
|52 Week Range||26.80 - 35.24|
|Beta (3Y Monthly)||0.82|
|PE Ratio (TTM)||10.81|
|Earnings Date||Jul 24, 2019|
|Forward Dividend & Yield||2.04 (6.51%)|
|1y Target Est||33.85|
AT&T was hit by lower than expected sales in its WarnerMedia unit and disappointing income from its wireless business. Yahoo Finance's Seana Smith and Ines Ferre discuss.
Yahoo Finance's Ines Ferre is at the NYSE with the latest on trending stocks.
The S&P 500 slipped on Wednesday after ending the previous session with a record and the Nasdaq failed to hold all-time highs reached earlier in the day while investors waited for more earnings reports. Energy stocks were the biggest drag on the S&P 500 as oil prices fell. While the tech-heavy Nasdaq had help from eBay Inc's upbeat earnings and a chipmaker rally, investors were digesting a mixed bag of reports.
Stocks that moved substantially or traded heavily on Wednesday: Anadarko Petroleum Corp., up $7.41 to $71.40 The oil company is being offered $57 billion by Occidental Petroleum in a bidding war against ...
Stocks ended lower Wednesday, a day after the S&P 500 and the Nasdaq set closing record highs. missed first-quarter earnings expectations and pulled its earnings guidance in light of the troubled 737 MAX aircraft. Stocks turned mixed Wednesday afternoon, one day after the S&P 500 and Nasdaq set new closing record highs as investors on Wall Street regrouped amid a flood of earnings reports.
A big debate is emerging over AT&T stock following mixed first quarter earnings. The telecom giant added wireless customers but again suffered losses in pay-TV and video streaming customers.
Netflix Aspires to New Records in 2019Company aiming to add 5.0 million subscribers in current quarter Netflix (NFLX) is aiming to add 14.6 million paying subscribers in the first six months of 2019. The company added 9.6 million subscribers in the
U.S. stocks hovered below their all-time highs on Wednesday, as investors digested a mixed batch of earnings reports and losses in energy stocks limited gains on the indexes. The S&P 500 is 0.3% below its record high of 2,940.91 hit in late September.
Domino's Pizza DPZ — Shares of Domino's Pizza climbed 4.9% on stronger-than-forecast quarterly earnings. Anadarko Petroleum APC — The energy company's stock jumped 11.6% after Occidental Petroleum announced a bid of $76 a share for Anadarko, topping an earlier offer from Chevron. Occidental's bid values Anadarko at $57 billion .
CEDARHURST, NY / ACCESSWIRE / April 24, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.
AT&T earnings for the first quarter of 2019 have T stock falling on Wednesday.Source: Shutterstock AT&T (NYSE:T) reported earnings per share of 86 cents first the first quarter of the year. This is an increase over the company's earnings per share of 85 cents from the same time last year. It also matches Wall Street's earnings per share estimate for the quarter, but couldn't save T stock from falling today.Net income reported in the AT&T earnings release for the first quarter of 2019 comes in at $4.35 billion. That's down from the company's net income of $4.76 billion reported in the first quarter of 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe AT&T earnings report for the first quarter of the year also includes operating income of $7.23 billion. This is up from the company's operating income of $6.20 billion reported in the same period of the year prior.AT&T earnings for the first quarter of 2019 also have revenue coming in at $44.83 billion. This is better than the wireless company's revenue of $38.04 billion reported in the first quarter of the previous year. Unfortunately for T stock, this has it missing analysts' revenue estimate of $45.11 billion for the period. * 10 Stocks to Sell Before They Give Back 2019 Gains AT&T notes in its most recent earnings report that it saw revenue for its Entertainment Group drop by almost 1% from the first quarter of 2018. It also saw revenue from its Business Wireline group drop by 3.7% during the quarter.T stock was down 4% as of noon Wednesday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post AT&T Earnings: T Stock Slides on Mixed Q1 appeared first on InvestorPlace.
Investing.com - The S&P; 500 and Nasdaq fell Wednesday, a day after notching record highs, as falling energy stocks and mixed corporate earnings did little to fuel further gains.
Financials matter for AT&T Inc., but it’s hard to get too excited when its core business is eroding. AT&T announced on Wednesday that it lost 544,000 traditional DirecTV subscribers in the first quarter, far more than the 322,000 that analysts had been projecting. AT&T’s video numbers bear out that “the status quo is blowing up around them” according to MoffettNathanson’s Craig Moffett.
The S&P 500 moved closer to its all-time high on Wednesday, while technology stocks nudged the Nasdaq to a record level, as investors took heart from a largely upbeat earnings season. The S&P 500 is just 6 points shy of its intra-day record high of 2,940.91 hit in late September.
Shares of AT&T slid Wednesday as the wireless and entertainment company reported that its TV customer losses continued in the first quarter. AT&T Inc., which owns DirecTV, said it lost 627,000 video customers in the January-March quarter. Its DirecTV Now streaming service, a cable alternative launched in 2016, lost customers for the second quarter in a row as the company ends deep discounts for the service.
AT&T lost a net 544,000 premium TV subscribers, a category that includes DirecTV satellite and U-verse television customers. Analysts had expected a loss of 385,000 customers across DirecTV and U-verse, according to research firm FactSet. Pay-TV providers have struggled to keep customers as viewers move to streaming services like Netflix Inc. AT&T has launched its own streaming service, but that too lost customers in the quarter.