AT&T Inc.T
▲ PositiveCapitalrelevance
AT&T reported Q2 earnings that beat profit expectations, with GAAP EPS 11.2% above consensus and improved operating margin.
Impact on stocks 1
Cloud & Digital Infrastructure
AT&T Inc.AT&T shares jumped 3.4% in morning trading after the telecommunications conglomerate reported second-quarter earnings that surpassed profit expectations but slightly missed on revenue. GAAP earnings per share came in at $0.66, 11.2% above the consensus forecast of $0.59, while revenue grew 2.3% year on year to $31.56 billion, just shy of the $31.75 billion analysts expected. The company's operating margin improved to 23.3% from 21.1% a year earlier, signaling better operational efficiency that likely buoyed investor sentiment despite the revenue shortfall. The stock later cooled to $22.85, up 2.6% from the prior close.
AT&T Inc.AT&T reported Q2 earnings that beat profit expectations, with GAAP EPS 11.2% above consensus and improved operating margin.