AT&T adds record 769,000 internet customers in Q3 2026 earnings

Nasdaq futures rose on Wednesday, led by gains in SpaceX (up 7.2%) and Super Micro (up 10.9%) after their earnings reports. SpaceX posted its first profit as a public company, while Super Micro exceeded revenue and profit margin estimates. Tesla (up 1.4%) also gained after Elon Musk suggested a potential merger with SpaceX. Netflix fell 6.6% after issuing a weaker-than-expected forecast. Other AI-related stocks and chipmakers also saw gains.

AT&T reported Q3 profit dropped due to impairment charges and lack of prior year's divestment gain, but revenue rose 5.3% to $32.322B. The company raised its 2026 EPS outlook to $2.40 and maintained long-term growth projections. Shares fell 5.9% premarket to $22.07.

AT&T's shares dropped 5% premarket as investors considered its raised 2026 EPS outlook to $2.40 and $10B in share buybacks against higher spending and delayed debt targets. Q3 revenue hit $32.3B, beating estimates, with 65 cents EPS and 5B in free cash flow. The company added 379K postpaid phone and 769K internet subscribers.

AT&T (T) shares fell 4.6% premarket after Q3 earnings beat expectations but missed subscriber growth targets. Revenue rose 5.3% YoY to $32.3B, and EPS was $0.65 vs. $0.60 expected. The company raised its full-year EPS guidance to ~$2.40. AT&T offers a 4.73% dividend yield with a 35% payout ratio and is trading 5% below its GF Value™.

AT&T's Q3 revenue rose 5.3% YoY to $32.3B, beating estimates, with adjusted EPS at $0.65. Postpaid phone subscriber additions missed expectations. The company raised its 2026 adjusted EPS outlook to ~$2.40. Shares fell 4.6% premarket.

AT&T (T) reported Q3 revenue and adjusted earnings above estimates, but shares fell 4.6% premarket due to lower-than-expected postpaid phone subscriber additions. Revenue was $39.9B, adjusted EPS was $0.64.