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Risk-to-Price Commentary: AT&T Inc. Oct 10 Product Image

Risk-to-Price Commentary: AT&T Inc. Oct 10

  • ID: 1823739
  • October 2010
  • Standard & Poors

FEATURED COMPANIES

  • Aliant Communications Co.
  • AT&T Inc.
  • CenturyLink Inc.
  • Frontier North Inc.
  • Qwest Corp.
  • Verizon New England Inc.
  • MORE

Abstract
Record sales of integrated devices, including smartphones, in the third quarter helped boost revenues at AT&T Inc., which said Thursday that it added 2.6 million wireless subscribers for a total of 92.8 million during this period. On a net income basis, AT&T reported earnings of $12.3 billion, or $2.08 per share, compared with $3.2 billion, or $0.54 per share, a year ago. Excluding one-time gains, AT&T would have earned $0.55, in line with the Capital IQ consensus estimate and $0.02 better than the year-ago period. Revenues of $31.6 billion matched analysts' expectations. Standard & Poor's Equity Research reiterated its strong buy recommendation on AT&T following the release of the quarterly figures. It expects the telecom giant's fundamentals to remain strong,...

Companies mentioned in this report are:
- CenturyLink Inc.
- Verizon Virginia Inc.
- Frontier Communications Corp.
- Frontier North Inc.
- Indiana Bell Telephone Co.
- Aliant Communications Co.
- Michigan Bell Telephone Co.
- Verizon New England Inc.
- Verizon New York Inc.
- BellSouth Telecommunications Inc.
- Qwest Capital Funding Inc.
- AT&T READ MORE >

- CenturyLink Inc.
- Verizon Virginia Inc.
- Frontier Communications Corp.
- Frontier North Inc.
- Indiana Bell Telephone Co.
- Aliant Communications Co.
- Michigan Bell Telephone Co.
- Verizon New England Inc.
- Verizon New York Inc.
- BellSouth Telecommunications Inc.
- Qwest Capital Funding Inc.
- AT&T Inc.
- BellSouth Capital Funding Corp.
- Qwest Corp.

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