24.04.2019 13:15:00

AT&T Inc. Q1 adjusted earnings Inline With Estimates

(RTTNews) - AT&T Inc. (T) reported a profit for first quarter that declined from the same period last year.

The company's profit came in at $4.1 billion, or $0.56 per share. This compares with $4.7 billion, or $0.75 per share, in last year's first quarter.

Analysts had expected the company to earn $0.86 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 17.9% to $44.8 billion from $38.0 billion last year.

AT&T Inc. earnings at a glance:

-EPS (Q1): $0.86 vs. $0.85 last year. -Analysts Estimate: $0.86 -Revenue (Q1): $44.8 Bln vs. $38.0 Bln last year.

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