Updated
Updated · Seeking Alpha · Jul 22
AT&T Beats Q2 Profit Estimates With $0.65 EPS as Subscriber Growth Offsets Revenue Miss
Updated
Updated · Seeking Alpha · Jul 22

AT&T Beats Q2 Profit Estimates With $0.65 EPS as Subscriber Growth Offsets Revenue Miss

3 articles · Updated · Seeking Alpha · Jul 22

Summary

  • AT&T posted adjusted Q2 EPS of $0.65, beating the $0.59 consensus even as revenue came in slightly below Wall Street estimates.
  • Robust subscriber additions drove the earnings beat, helping the telecom company offset softer top-line performance.
  • The mixed report leaves AT&T showing stronger customer momentum than expected, while still facing pressure to translate that growth into faster revenue gains.

Insights

AT&T beat earnings and promised investors $45 billion. Is this a sign of strength or a defense against inevitable market disruption?
With record subscriber growth, why is AT&T's stock falling as satellite internet competition from rivals like Starlink intensifies?
AT&T is now partnering with satellite firms. Will your next phone bypass cell towers and connect directly from space?