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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