AT&T Beats Q2 Profit Estimates With $0.65 EPS as Subscriber Growth Offsets Revenue Miss
Updated
Updated · Seeking Alpha · Jul 22
AT&T Beats Q2 Profit Estimates With $0.65 EPS as Subscriber Growth Offsets Revenue Miss
3 articles · Updated · Seeking Alpha · Jul 22
Summary
AT&T posted adjusted Q2 EPS of $0.65, beating the $0.59 consensus even as revenue came in slightly below Wall Street estimates.
Robust subscriber additions drove the earnings beat, helping the telecom company offset softer top-line performance.
The mixed report leaves AT&T showing stronger customer momentum than expected, while still facing pressure to translate that growth into faster revenue gains.