AT&T (T) stock trades down, here is why

AT&T reported Q3 revenue of $32.3B, beating estimates, with EPS at $0.65. The company raised its 2026 EPS outlook to $2.40 and expects strong fiber network growth. CEO Stankey highlighted AT&T's fiber reach and spectrum strength, noting partnerships with AWS and Microsoft. Despite the beat, shares slipped, with near-term pressures including higher costs and slower net additions expected in Q4.

AT&T (T) shares dropped 5% despite beating Q3 earnings and raising its 2026 adjusted EPS outlook to $2.40. The company reported $0.65 adjusted EPS, up from $0.54 a year ago, and revenue rose 5.3% to $32.3 billion. Investors reacted negatively to slower postpaid phone additions and increased churn, along with competitive pressure from SpaceX.

AT&T (T) reported Q3 2026 earnings of $0.65 per share, beating estimates, with revenue up 5.3% YoY to $32.3B. Despite this, shares fell 3.3% pre-market. The company raised its 2026 EPS guidance to $2.40 and maintained free cash flow targets. AT&T added over 1M Advanced Connectivity customers, driven by fiber and wireless demand. Management highlighted growth in customer relationships and connectivity services.

AT&T reported Q3 2026 earnings with revenue of $32.3B, beating estimates but shares fell 4.68% due to debt concerns. Adjusted EPS was $0.65, up 20.4% YoY. Net debt rose to $149.8B, increasing leverage to 3.13x EBITDA. The company added 1M net connections and expanded fiber to 39M locations. Management highlighted growth in Advanced Connectivity but investors focused on debt levels.

AT&T's Q3 revenue of $32.3B and raised EPS outlook did not prevent a 5% stock drop, despite beating estimates. Verizon and T-Mobile also fell 3%. AT&T's reported EPS was lower due to a Mexico business write-down. SpaceX's spectrum purchase adds regulatory uncertainty for telecoms.

AT&T (NYSE:T) raised its 2026 adjusted EPS forecast to $2.40, citing growth in fibre and wireless customers. Q3 revenue rose 5.3% YoY to $32.3B, with adjusted EPS up to $0.65. The company plans to reduce capital investment to $22B-$23B annually in 2027-2028. Shares fell 6% in morning trade.