AT&T reported Q3 FY 2016 earnings of $0.74 per share (versus $0.74 in Q3 FY 2015), in-line with analysts’ consensus estimate.
The company’s quarterly revenues amounted to $40.890 bln (+4.6% y/y), slightly missing analysts’ consensus estimate of $41.148 bln.
AT&T also announced that its board of directors has approved a 2.1% increase in the company’s quarterly dividend. AT&T’s quarterly dividend will increase from $0.48 to $0.49 per share.
T fell to $36.75 (-1.97%) in pre-market trading.
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