AT&T Inc. And Pandora Media Inc Beat Earnings Estimates

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AT&T Inc. And Pandora Media Inc Beat Earnings Estimates
By AT&T [Public domain], via Wikimedia Commons

AT&T and Pandora Media released their latest earnings reports after closing bell tonight. AT&T posted adjusted earnings of 69 cents per share on revenue of $33.0 billion, a 1.4% year over year increase. Analysts had been expecting earnings of 63 cents per share on $33.04 billion in revenue. In the same quarter last year, the phone company reported revenue of $32.58 billion and adjusted earnings of 62 cents per share.

Pandora Media posted adjusted earnings of 5 cents per share and revenue of $285.6 million, a 30% increase from last year. Analysts had been expecting earnings of 2 cents per share on $283 million in revenue.

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