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AT&T (T) Surpasses Q2 Earnings and Revenue Estimates

AT&T (T) came out with quarterly earnings of 0.54pershare,beatingtheZacksConsensusEstimateof0.54 per share, beating the Zacks Consensus Estimate of 0.51 per share. This compares to earnings of 0.57pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+5.880.57 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.88%. A quarter ago, it was expected that this telecommunications company would post earnings of 0.52 per share when it actually produced earnings of $0.51, delivering a surprise of -1.92%. There are no easy answers to this ...