AT&T Ups 2014 Sales Outlook, Pares EPS; Stock Slips

By | June 3, 2014

Scalper1 News

AT&T (T) raised its full-year revenue growth forecast but lowered its earnings outlook and said Q2 wireless service profit margins will be pressured as customers shift to less expensive mobile share value plans. AT&T edged down a fraction in early trading in the stock market today, near 35. In Q2, AT&T said it expects it will add more than 800,000 postpaid subscribers, or those with service contracts, up 45% from 551,000 in the year-earlier Scalper1 News

Scalper1 News