Telecom giant AT&T, Inc. reported Thursday slightly higher profit in its third quarter, but flat per share earnings amid weak operating revenues. Looking ahead for fiscal 2022, the company now expects adjusted earnings per share from continuing operations to be $2.50 or higher.
Reuters reported that the company's previous earnings expectations for fiscal 2022 were between $2.42 and $2.46 per share. In the year 2021, the company recorded adjusted earnings per share of $3.40.
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April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.