Tuesday, July 24, 2012

AT&T beats estimates with earnings of $0.66 per share in Q2, activates 3.7 million iPhones

AT&T beats estimates with earnings of $0.66 per share in Q2, activates 3.7 million iPhones

. AT&T (T) on Tuesday reported its financial results for the second quarter of 2012. Analysts were looking for another big quarter from the nation's No.2 carrier, which beat profit guidance and activated a record 5.5 million smartphones during the first quarter this year. Wall Street's Q2 consensus called for earnings of $0.63 per share on $31.72 billion in sales, and AT&T beat expectations with EPS hitting $0.66 on revenue that narrowly missed expectations at $31.58 billion.

Boy Genius Report , AT&T beats estimates with earnings of $0.66 per share in Q2, activates 3.7 million iPhones, AT&T beats estimates with earnings of $0.66 per share in Q2, activates 3.7 million iPhones

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