AT&T is trading 4.85% lower at $22.29 after postpaid phone net additions fell short of analyst expectations. - In its October 21, 2026, earnings report, adjusted EPS of $0.65 and revenue of $32.3 billion beat estimates; management raised 2026 adjusted EPS guidance to about $2.40. - Postpaid phone net additions were 379,000. - GAAP profit fell sharply, including the impact of an impairment charge and the absence of a prior-year divestment gain.