AT&T Posts Earnings Beat, Boosted by Wireless:
DALLAS (TheStreet) -- AT&T beat analysts' first-quarter earnings estimates on Tuesday, boosted by strong wireless sales and its smartphone business.
The telecom giant brought in revenue of $31.82 billion, an increase of 1.8% from the same period last year. Analysts surveyed by Thomson Reuters were looking for sales of $31.85 billion.
AT&T reported its fourth-quarter results early on Thursday.
Excluding items, AT&T earned 60 cents a share, up from 57 cents a share in the prior year's quarter and above Wall Street's estimate of 57 cents.
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DALLAS (TheStreet) -- AT&T beat analysts' first-quarter earnings estimates on Tuesday, boosted by strong wireless sales and its smartphone business.
The telecom giant brought in revenue of $31.82 billion, an increase of 1.8% from the same period last year. Analysts surveyed by Thomson Reuters were looking for sales of $31.85 billion.
AT&T reported its fourth-quarter results early on Thursday.
Excluding items, AT&T earned 60 cents a share, up from 57 cents a share in the prior year's quarter and above Wall Street's estimate of 57 cents.
...
Click to view a price quote on T.
Click to research the Telecommunications industry.
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