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AT&T Beats on Skyrocketing iPhone – Analyst Blog

Zacks Market Commentaries (October 22nd, 2009) Writes:
AT&T Inc. (T) announced third-quarter 2009 results, with reported earnings per share of 54 cents beating the Zacks Consensus Estimate of 50 cents while declining from 55 cents reported a year ago. Net income fell 1.2% year over year to $3.2 billion on account of lower revenue. The results were highlighted by growth across wireless and U-verse video businesses. The second largest wireless carrier reported consolidated revenue of $30.9 billion for the quarter, down 1.6% year over year, largely due to lower wireline voice, legacy data and print advertising revenue, which offset growth in wireless and wireline data services. AT&T registered a net gain of 2 million wireless subscribers in the third quarter to reach 81.6 million total subscribers in service, up 9% year over year, driven by strong iPhone activations. This represents the largest third quarter addition in the company’s history. Retail postpaid additions for ...

Zacks Analyst Blog Highlights: Ford, Tenneco Automotive, AT&T Inc, Centennial Communications and 3M – Press Releases

Zacks Market Commentaries (July 24th, 2009) Writes:

For Immediate Release

Chicago, IL – July 24, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Ford (F), Tenneco Automotive (TEN), AT&T Inc (T), Centennial Communications (CYCL) and 3M (MMM).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Thursday’s Analyst Blog:

New Unemployment Claims Rise...but

The new claims for unemployment data was mixed this morning, and there is some evidence that it is being distorted by seasonal adjustment problems. For the week, there were 554,000 new claims for unemployment insurance on a seasonally-adjusted basis, a rise of 30,000.

However, the weekly

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