AT&T: adjusts guidance for 2021
(CercleFinance.com) - AT&T said on its quarterly earnings call that it has updated its 2021 guidance, and now targets adjusted EPS growth in the low to mid-single digits, with revenue up by 2% to 3%.
The company reported Q2 adjusted EPS of 0.89 dollar, up 7.2% y-o-y, on revenue of 44 billion dollars, up 7.6%, thanks to a partial recovery from the impact of Covid-19 the previous year.
"Higher WarnerMedia, Mobility, Mexico, and Consumer Wireline revenues more than offset declines in domestic video and Business Wireline," the telecoms and media giant said.
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