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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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.