AT&T 2Q12 PROFITS EXCEED FORECASTS

AT&T – Co. reported better than expected profits but saw its revenues fall short of estimates. EPS excl items came in at 66 cents vs 60 cents a year ago. Expectations came in at 63 cents a share.

Revenues came in at USD 31.6 b vs USD 31.45 b a year ago vs expectations of USD 31.73 b.

The co. also witnessed 3.7 m iPhone activations in the quarter. (CNBC)



Categories: Earnings, North American Earnings

Tags: ,

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: