澳洲幸运5开奖号码历史查询

AT&T Misses Revenue Estimates But Adds Mobile, Broadband Subscribers

Workers and customers are seen on the sales floor of an AT&T store on April 01, 2024, in Miami

Joe Raedle / Getty Images

Key Takeaways

  • AT&T posted mixed first-quarter results Wednesday, missing revenue estimates but reporting additions to its mobile and internet subscriber base.
  • The telecommunications giant said lower sales volumes and a nearly 8% year-over-year drop in its Business Wireline segment hurt its total revenue.
  • AT&T affirmed its full-year guidance, projecting wireless service and broadband revenue to grow 3% and 7%, respectively.

AT&T (T) posted mixed first-🍒quarter results Wednesday, missing revenue estimates but reporting additions to its mobile and internet subscriber base.

The company reported $30.03 billion in total revenue, shy of the $30.54 billion 澳洲幸运5开奖号码历史查询:analysts expected, according to estimates compiled by Visible Alpha, as lower sales volumes and a 7.8% year-over-year revenue decrease in its Business Wireline division dragged AT&T's top line.

Diluted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of 47 cents fell short of expectations of 51 cents per share.🌃 Hoﷺwever, adjusted EPS of 55 cents per share topped the estimated 54 cents per share.

AT&T added 349,000 wireless phone subscribers, bringing its total mobile subscriber base to 71.6 million, along with 252,000 new subscribers for its AT&T Fiber internet service, both of which are lower than AT&T posted in the first quarter of 2023.

Full-year guidance for 2024 was also affirmed, with AT&T projecting 3% growth to its wireless service revenue, along with growth of at least 7% in broadband revenue. The company expects adjusted EPS from $2.15 to $2.25, below the $2.41 mark it reported in 2023, but AT&T said it expects adjusted EPS to grow in 2025.

AT&T continues a week filled with telecommunications earnings. Verizon (VZ) reported first-quarter results 澳洲幸运5开奖号码历史查询:roughly in line🔥 with analyst estimates Monday, while T-Mobile (TMUS) reports on Thursday.

Shares of AT&T initially rose in pr🤪emarket trading following the report but were down slightly at $16.47 at 10:26 a.m. EꦍT Wednesday.

UPDATE—April 24, 2024: This articl🃏e was updated to reflect the latest share ♒price information.

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