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AT&T’s (T) ongoing stock buybacks and a shift of wireless subscribers to installment-based payment plans for new mobile phones, a trend that will reduce device subsidies, are expected to boost the phone company’s Q1 earnings set for release after the market close Tuesday. AT&T’s Q1 EPS is forecast to rise 9% from the year-earlier quarter, to 70 cents. Analysts polled by Thomson Reuters estimate revenue will increase 3% to $32.435 billion. AT&T Scalper1 News
Scalper1 News