AT&T (NYSE: T) reported fourth-quarter 2021 financial results before the regular market hours on Wednesday. The telecom giant reported Q4 revenue of $41 billion, down 10.4% year-over-year but higher than the Wall Street projection. Net income of $0.78 per share was also above the target that analysts had anticipated.
T shares were up almost 1% immediately following the announcement. The stock has declined 11% over the trailing 12 months.
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,