AT&T Earnings Beat, Capex Falls Ahead Of DirecTV Deal

By | July 23, 2015

Scalper1 News

AT&T (T) late Thursday reported Q2 adjusted earnings above expectations and roughly in-line revenue, ahead of its potential acquisition of satellite TV broadcaster DirecTV Group. AT&T said Q2 adjusted EPS climbed 11% from the year-earlier quarter to 69 cents, excluding merger and network expenses. Revenue rose 1.4% to $33.01 billion. Analysts had modeled EPS of 63 cents on revenue of $33.05 billion. AT&T’s capital spending on wireless and wireline Scalper1 News

Scalper1 News