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AT&T grows revenues by 3% in Q1, tops estimates

AT&T (NYSE: T) reported first-quarter 2021 financial results before the regular trading hours on Thursday. The telecommunications giant reported Q1 revenue of $43.9 billion, up 3% year-over-year and above the Wall Street consensus. The company reported a net income of $0.86 per share, much better than what analysts had anticipated.

T shares rose 1% immediately following the announcement. The stock has traded mostly sidewise over the past twelve months.

Looking forward to listening to management/ analyst comments on quarterly results? Stay tuned here for AT&T Q1 2021 earnings call transcript

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Tags: Telecom
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