Despite the EPS beat, investors reacted negatively to the revenue miss, causing AT&T’s stock price to close at $16.50, a decline of 4.57% in the last three months and 5.77% in the last twelve months. The company has also faced downward revisions in EPS estimates, with no positive revisions and seven negative revisions in the past 90 days.
AT&T Reports Mixed Q1 Results, Despite EPS Beat
