AT&T (T) Reports In-Line Q2 EPS

July 24, 2019 6:22 AM EDT

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AT&T (NYSE: T) reported Q2 EPS of $0.89, in-line with the analyst estimate of $0.89. Revenue for the quarter came in at $45 billion versus the consensus estimate of $44.85 billion.

  • Company Raises Free Cash Flow Guidance to $28 Billion Range1;
  • Reaffirms Remainder of 2019 Guidance:
  • Low single-digit adjusted EPS growth2;
  • Dividend payout ratio in the 50s% range1;
  • End-of-year net debt to adjusted EBITDA in the 2.5x range;
  • Gross capital investment in the $23 billion range3

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

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