AT&T Inc. Q3 adjusted earnings Beat Estimates

AT&T Inc. (T) reported earnings for its third quarter that increased from last year.

The company's bottom line came in at $6.27 billion, or $0.82 per share. This compares with $3.17 billion, or $0.39 per share, in last year's third quarter.

Excluding items, AT&T Inc. reported adjusted earnings of $0.43 billion or $0.87 per share for the period.

Analysts had expected the company to earn $0.78 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.7% to $39.92 billion from $42.34 billion last year.

AT&T Inc. earnings at a glance:

-Earnings (Q3): $0.43 Bln. vs. $2.69 Bln. last year.
-EPS (Q3): $0.87 vs. $0.76 last year.
-Analysts Estimate: $0.78
-Revenue (Q3): $39.92 Bln vs. $42.34 Bln last year.

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