AT&T shares slip as revenue falls short of Wall Street’s estimates

January 26, 2016 9:14 PM

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Shares of AT&T Inc. slipped in Tuesday’s extended session after the telecommunications giant reported revenue that fell short of analysts’ expectations.

Fourth-quarter earnings swung to a profit of $4 billion, or 65 cents a share, from a loss of $4 billion, or 77 cents a share, in the same quarter a year ago. Excluding items, AT&T would have earned 63 cents a share. Revenue climbed 22% to $42.1 billion, mostly due to its purchase of DirecTV. Analyst...

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