AT&T, Inc. (T) Misses Q2 EPS by 1c; Wireless Revs Up 5.7%

AT&T, Inc. (NYSE: T) reported Q2 EPS of $0.67, $0.01 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $32.1 billion versus the consensus estimate of $31.81 billion.

* Wireless revenues up 5.7 percent, service revenues up 4.1 percent versus the year-ago quarter
* Wireless data revenues up 19.8 percent versus the year-earlier period
* Wireless operating income margin of 27.1 percent; wireless EBITDA service margin of 42.4 percent reflecting record second-quarter smartphone sales of 6.8 million, including record Android sales
* Added 1.2 million new smartphone subscribers; smartphones 88 percent of postpaid phone sales
* Total postpaid ARPU up 1.8 percent; phone-only ARPU up 3.0 percent

For earnings history and earnings-related data on AT&T, Inc. (T) click here.

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