AT&T Q1 EPS Seen Rising On “Next” Plan Margin Boost

By | April 21, 2014

Scalper1 News

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