AT&T (T) Tops Q1 EPS by 1c

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AT&T Reports Industry-Leading Wireless Postpaid Churn, 1.2 Million Wireless Net Adds and Strong Demand for Strategic Business Services in First-Quarter Results

April 22, 2015 4:01 PM EDT

Expected Cost Synergies from DIRECTV Transaction Increased Significantly to $2.5 billion

$0.61 diluted earnings per share in the first quarter compared to $0.70 diluted EPS in the year-ago quarter. Excluding significant items, EPS was $0.63 versus $0.71 a year ago. The year-earlier quarter includes about 3 cents of EPS from divested assets First-quarter consolidated revenues of $32.6 billion, up 0.3 percent versus the year-earlier period and up 1.2 percent when adjusting for the sale of Connecticut wireline properties; wireline business and total revenue growth impacted by foreign exchange Strategic business services revenues of $2.6... More