AT&T Q2 Net Adds and EPS Beat Estimates, Accelerates Buybacks
AT&T reported Q2 wireless postpaid phone net adds of 432,000, beating the estimate of 325,264. Adjusted EPS of $0.65 also topped the $0.59 consensus, while revenue came in slightly below at $31.6 billion. The company is accelerating share repurchases to about $10 billion this year.
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AT&T released its fiscal second-quarter 2026 results, posting strong subscriber growth and earnings beats.
- Wireless Postpaid Phone Net Adds: +432,000 (estimate: +325,264)
- Revenue: $31.6 billion (estimate: $31.77 billion)
- Adjusted EPS: $0.65 (estimate: $0.59)
- EBITDA: $12.38 billion (estimate: $12.1 billion)
The company maintained its full-year guidance, projecting free cash flow of at least $18 billion (estimate: $18.17 billion) and adjusted EPS of $2.25 to $2.35 (midpoint $2.30 vs estimate $2.32).
AT&T also noted it is accelerating the pace of share repurchases this year to around $10 billion, signaling confidence in its cash flow generation.
Source: First Squawk