AT&T (NYSE: T) shares fell 3.61% to $26.43 in pre-market trading on Wednesday, July 23, 2025, following the release of its Q2 2025 financial results.
Investors reacted to reported revenue of $30.8 billion and adjusted earnings of $0.54 per share, both surpassing analyst estimates. Despite the beats, the stock declined as the company maintained its full-year earnings outlook of $1.97–$2.07, in line with consensus expectations.