WS #16225
AT&T reported a strong Q3 with EPS of $0.65 beating estimates and raised full-year guidance, citing best service revenue growth in four years. Similarly, Wabtec beat EPS estimates and raised its full-year adjusted EPS guidance, affirming sales outlook. These results highlight resilience in infrastructure and telecom sectors, providing a bullish counter-narrative to the broader macro fears driven by energy costs.
Earnings: Telecom & Rail Strength
AT&T reported a strong Q3 with EPS of $0.65 beating estimates and raised full-year guidance, citing best service revenue growth in four years. Similarly, Wabtec beat EPS estimates and raised its full-year adjusted EPS guidance, affirming sales outlook. These results highlight resilience in infrastructure and telecom sectors, providing a bullish counter-narrative to the broader macro fears driven by energy costs.