AT&T Beats Second-Quarter Earnings Estimates

According to experts, as the company has ended the last quarter, the same the next quarter will start. During the last trading session, AT&T’s price has increased its value and gained more than 1%. According to the report, the company has ended its beating estimates and with good performance. Investors are always looking for such companies. Moreover, AT&T has proved itself as one of the companies that can provide positive surprises.

According to the report, most of the income came from its subscriber’s gain for their HBO streaming platform. AT&T has noted that adjusted earnings for the 3 months have totaled 87 cents per share, which is higher by 14.4% from the previous year’s result. However, the revenue of the company has fallen by 5.8%, which equaled $39.9 billion. Moreover, more than 12.5 million subscribers have been added to their streaming platform HBO.