AT&T Inc. (NYSE: T) reported a decline in earnings and revenue for the second quarter of 2020, hurt by the COVID-19 pandemic. Adjusted earnings of $0.83 per share topped analysts’ earnings target of $0.79 per share. However, Q2 revenue of $40.95 billion missed consensus estimates of $41.1 billion.
AT&T stock was trading up about 1% in the pre-market trading session.
The telecom giant expects the total dividend payout ratio at year-end 2020 to be in the 60s% range and targets the low end of that range. AT&T also expects gross capital investment to be the $20 billion range in 2020.
Aurora Cannabis Inc. (NYSE: ACB) reported third quarter 2021 earnings results today. Total revenues fell 25% year-over-year to CAD55.1 million. Adjusted EBITDA loss amounted to CAD24 million. Cash balance as
Media behemoth The Walt Disney Company (NYSE: DIS) reported second-quarter revenues that declined from last year as customers stayed away from theatres and parks due to pandemic-related safety issues and
Shares of Tattooed Chef Inc. (NASDAQ: TTCF) have gained 57% over the past 12 months but has dropped 25% since the start of this year. The sentiment on the stock