AT&T Q2 Earnings Beat: 432K Postpaid Adds, $0.65 EPS, Shares Jump 5%
T sits 16% above its 52-week low of $19.89 on elevated volume (3.2× avg).
Summary
AT&T delivered a strong Q2, adding 432,000 postpaid phone subscribers—well above the 338,500 consensus—driven by low-cost unlimited plans and bundled offerings. Revenue hit $31.6B with adjusted EPS of $0.65, and the company accelerated its buyback to ~$10B. The premarket pop of ~5% reflects the beat and upbeat fiber expansion to 38.6M locations. This follows the 8-K filed yesterday with the raw numbers; today's report adds the subscriber beat magnitude, analyst estimate revisions, and the market's initial verdict. The closing of the Lumen fiber deal and U.S. Cellular spectrum purchase further strengthen the Advanced Connectivity segment. With the CFO transition announced in June and copper retirement now cleared by the FCC, the operational momentum is clear. Watch for full-year guidance updates on the earnings call.
At the time of this announcement, T was trading at $23.05 on NYSE in the Trade & Services sector, with a market capitalization of approximately $160.1B. The 52-week trading range was $19.89 to $29.79. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.