Keeping It Simple

[eastunder]

AT&T (T) Misses Q3 EPS by 1c


http://www.streetinsider.com/Earnings/AT%26T+%28T%29+Misses+Q3+EPS+by+1c/12157353.html

AT&T (NYSE: T) reported Q3 EPS of $0.74, $0.01 worse than the analyst estimate of $0.75. Revenue for the quarter came in at $40.9 billion versus the consensus estimate of $41.14 billion.

HIGHLIGHTS:

2.3 million wireless net adds driven by connected devices, Mexico and Cricket
U.S. wireless postpaid churn of 1.05%, down 11 basis points year over year
U.S. wireless operating margin of 29.6%; best-ever U.S. wireless service EBITDA margin of 50.1%
700,000 branded smartphones added to U.S. subscriber base
323,000 U.S. DIRECTV net adds with TV subscriber base stable
More than 1.2 million U.S. DIRECTV net adds since acquisition
171,000 IP broadband net adds
More than 390 million North American 4G LTE POPs
Year-to-date cash from operations of $29.2 billion; free cash flow $13.3 billion year to date
Full-year guidance on track to meet or exceed expectations