AT&T Reports Second-Quarter Results
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AT&T (T) Raised to $48 at Jefferies
July 22, 2016 9:40 AM EDTJefferies analyst Mike McCormack reiterated a Buy rating and lifted its price target on AT&T (NYSE: T) to $48.00 (from $44.00) following results.
commented, "AT&T reported another quarter of strong profitability, with low volumes driving nearly 50% Wireless service margins. While postpaid ARPU... More
AT&T (T) Reports In-Line Q2 EPS
July 21, 2016 4:01 PM EDTAT&T (NYSE: T) reported Q2 EPS of $0.72, in-line with the analyst estimate of $0.72. Revenue for the quarter came in at $40.5 billion versus the consensus estimate of $40.63 billion.
Consolidated revenues of $40.5 billion, up more than 22%Operating income up 13.6%Net income... More