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Author Topic: AT&T boasts strong growth but misses earnings estimate  (Read 522 times)
HCK
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« on: October 23, 2014, 03:00:28 pm »

AT&T boasts strong growth but misses earnings estimate

<div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p><a href='http://www.imore.com/att-boasts-strong-growth-misses-earnings-estimate' title="AT&amp;T boasts strong growth but misses earnings estimate"><img src='http://www.imore.com/sites/imore.com/files/styles/large_wm_brw/public/field/image/2014/10/att-iP5.JPG?itok=4GvF2AkO' />[/url]</p> <p>AT&amp;T has just shared their earnings report for the third quarter. The company was able to gain two million new customers, but missed their earnings estimate. Shares of AT&amp;T are down in after-hours trading following the earnings report.</p> <!--break--> <p>Highlights from AT&amp;T's earnings report:</p> <ul><li>More than 2 million new wireless and wireline high-speed broadband connections added </li> <li>Postpaid net adds of 785,000, more than double the year-ago quarter; more than 2.4 million postpaid net adds year to date</li> <li>Best-ever third-quarter postpaid churn of 0.99 percent</li> <li>Wireless data billings up nearly 24 percent versus the year-earlier quarter</li> <li>Third-quarter consolidated revenues of $33.0 billion, up 2.5 percent versus the year-earlier period</li> </ul><p>Source: AT&amp;T</p> </div></div></div><div id="comment-wrapper-nid-27868"></div><img width='1' height='1' src='http://tipb.com.feedsportal.com/c/33998/f/616881/s/3fbaa3fb/sc/1/mf.gif' border='0'/><br clear='all'/>

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