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.
Target Corporation (NYSE: TGT) reported fourth-quarter 2020 financial results before the opening bell today. The department store chain reported Q4 revenue of $28.3 billion, up 21% year-over-year and higher than
Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per
Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus