AT&T: Q1 net income up 63% at USD7.5bn

(CercleFinance.com) - Consolidated revenues came in at 43.
9 billion dollars in Q1 2021, up 2.7%.

The telecommunications, media and entertainment giant's operating income come in at 7.7 billion dollars, also up 2.7% y-o-y.

Q1 net income, group share reached 7.5 billion dollars, or 1.04 dollar per diluted common share, up 63% from 4.6 billion dollars, or 0.63 dollar per diluted common share, in Q1 2020.

Earnings per diluted common share was 0.86 dollar, two cents above the 0.84 dollar reported last year.

For 2021, the group expects consolidated revenue growth of around 1% on a comparative basis, with flat adjusted EPS compared to 2020 and free cash flow of 26 billion dollars.


Copyright (c) 2021 CercleFinance.com. All rights reserved.