AT&T Lays Out 3-Year Plan
Telecom giant AT&T (NYSE: T) reported mixed third-quarter results Monday morning, with total revenue down slightly, partly due to weakness in the WarnerMedia segment. But the stock jumped higher when the market opened as investors reacted positively to the company's 2020 outlook and its three-year guidance and capital allocation plan.
AT&T missed estimates for revenue in the third quarter, although its adjusted earnings per share came in a bit better than expected.
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Source Fool.com
