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AT&T beat earnings estimates with $0.54 EPS and $30.85B in revenue, up 3.4% year-over-year.
AT&T Inc. reported strong second-quarter earnings, with $0.54 EPS and $30.85 billion in revenue, slightly exceeding estimates, and posted a 3.4% year-over-year revenue increase.
The stock, trading near $29.21, has a market cap of $208.83 billion, a P/E ratio of 16.59, and a 3.8% dividend yield.
Institutional ownership remains high at 57.1%, with some firms reducing stakes while others increased positions.
Analysts maintain a "moderate buy" consensus rating and a $30.74 average price target, projecting full-year earnings of $2.14 per share.
AT&T operates globally through its Communications and Latin America segments, offering wireless, wireline, and broadband services.
AT&T superó las estimaciones de ganancias con $0.54 EPS y $30.85B en ingresos, un 3,4% más año tras año.