00:00AT&T plunged 6.43% today, as wireless additions misestimates.
00:06The decline came even though AT&T reported adjusted EPS of $0.65 against an estimate
00:15of $0.61, raised its profit outlook, and expanded its stock buybacks.
00:22The company also reported more than 1 million advanced connectivity customer additions.
00:28Why does it matter?
00:31Investors looked past the earnings beat and focused on a weaker operating detail beneath
00:37the headline results.
00:39Communication services fell 1.10% today, so this went much further than the sector did.
00:47More on T, full recap linked.
