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AT&T Inc. (T)

- NYSE
  • Feb. 20, 2013, 11:14 AM
    Leap Wireless (LEAP -7.7%) falls after missing Q4 revenue estimates and reporting a 337K subscriber net loss - that's worse than 269K net loss reported for Q3, and evidence of further share losses. Churn was 4.6%, down from Q3's 4.8% but up from 3.9% a year ago, and cost per gross add rose 17% Q/Q and 53% Y/Y to $363. ARPU rose slightly to $42.74, a 4G roaming deal has been signed with an unnamed carrier, and a dispute with Sprint (S) over a wholesale deal has been settled. Shares have been range-bound since last summer. CC underway (webcast). (PR)
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  • Feb. 20, 2013, 9:05 AM
    Leap Wireless (LEAP): Q4 EPS of -$0.96 beats by $0.61. Revenue of $756M (-1.5% Y/Y) misses by $23.62M. (PR)
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  • Feb. 20, 2013, 12:05 AM
    Notable earnings before Wednesday’s open: AEE, AVA, CLH, CNK, CRIS, DISH, DTE, DVN, EXAS, GOV, GRMN, LEAP, LL, MGM, OC, PVR, SODA, TOL
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  • Feb. 19, 2013, 5:30 PM
    Notable earnings before Wednesday’s open: AEE, AVA, CLH, CNK, CRIS, DISH, DTE, DVN, EXAS, GOV, GRMN, LEAP, LL, MGM, OC, PVR, SODA, TOL
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  • Jan. 24, 2013, 4:45 PM
    A little more on AT&T: Wireless op. margin fell 100 bps Y/Y to 14.5% thanks to iPhone sales. Wireline revenue -0.5%, op. margin up 30 bps to 12%. Consumer wireline +3%, business -2.1%. Wireline data +6.9%, voice -8.8%, other -5.2%. Total broadband subs flat, but ARPU up 10%. 192K U-Verse TV subs added vs. 198K in Q3. 2013 capex budget of $21B, up from 2012's $19.5B. More buybacks expected.
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  • Jan. 24, 2013, 4:44 PM
    More on AT&T: 2013 free cash flow to fall from 2012's $19.4B. 1.1M Q4 wireless net adds, 780K postpaid. Verizon had 2.1M postpaid net adds. 10.2M smartphones sold, 8.6M were iPhones (AAPL). Wireless service revenue +4.2% Y/Y (was +4.5% in Q3). Postpaid ARPU was $64.98, up 1.9% Y/Y but down 0.3% Q/Q. Postpaid churn was 1.19% vs. 1.21% a year ago, total churn 1.42% vs. 1.39% prior. T -0.2% AH. CC underway (webcast). (PR) (slides)
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  • Jan. 24, 2013, 4:05 PM
    AT&T (T): Q4 EPS of $0.44 misses by $0.02. Revenue of $32.58B (+0.2% Y/Y) beats by $360M. $4.4B in stock buybacks. Expects 2%+ consolidated revenue growth, EPS growth in the "upper-single digits or higher," and free cash flow of $14B+ in 2013. Shares -0.5% AH. (PR)
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  • Jan. 24, 2013, 12:10 AM
    Notable earnings after Thursday’s close: CPHD, CRUS, ED, EGHT, ETFC, FLEX, INFA, JBHT, JNPR, KLAC, MSFT, MXIM, QLGC, RMBS, RMD, SBUX, SCSS, SXL, SYNA, T, TKR, TPX, VRSN
    | 1 Comment
  • Jan. 23, 2013, 5:35 PM
    Notable earnings after Thursday’s close: CPHD, CRUS, ED, EGHT, ETFC, FLEX, INFA, JBHT, JNPR, KLAC, MSFT, MXIM, QLGC, RMBS, RMD, SBUX, SCSS, SXL, SYNA, T, TKR, TPX, VRSN
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  • Jan. 9, 2013, 9:29 AM
    Verizon Wireless (VZ, VOD) says it expect to report 9.8M smartphone activations, "with a higher mix of Apple smartphones," for Q4. That figure is up 29% from the 7.7M smartphones activated a year ago, and 44% from the 6.8M activated in Q3 (46% of them were iPhones). Verizon's Y/Y growth rate is easily above that of AT&T (T - previous), which is more iPhone-dependent, but its Q/Q rate is slower. The smartphone sales, together with strong indirect channel growth, will lead to a slight Y/Y drop in EBITDA service margin. VZ -0.5%. AAPL -0.7%. (CEO remarks: I, II) Update: Verizon PR tells Seeking Alpha the iPhone mix was higher relative to both Q3 (46% of smartphone sales) and Q4 2011 (56%).
    | 22 Comments
  • Nov. 7, 2012, 9:07 AM
    Leap Wireless International (LEAP): Q3 EPS of $0.32 may not be comparable to consensus of by -$0.70. Revenue of $774M (+1.4% Y/Y) in-line. Shares -1.9% premarket. (PR)
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  • Nov. 7, 2012, 12:05 AM
    Notable earnings before Wednesday’s open: AES, AGU, ARIA, BDX, CLH, CNP, CTSH, CWH, DVN, ENB, FNP, GOLD, HFC, HSP, JRCC, LAMR, LEAP, M, MNTA, MPEL, NIHD, PRGO, SODA, SONS, STWD, TAP, THC, TICC, TWX, VICL, WFR, WLP, WRES
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  • Nov. 6, 2012, 5:30 PM
    Notable earnings before Wednesday’s open: AES, AGU, ARIA, BDX, CLH, CNP, CTSH, CWH, DVN, ENB, FNP, GOLD, HFC, HSP, JRCC, LAMR, LEAP, M, MNTA, MPEL, NIHD, PRGO, SODA, SONS, STWD, TAP, THC, TICC, TWX, VICL, WFR, WLP, WRES
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  • Oct. 24, 2012, 10:26 AM
    AT&T (T -0.9%) gives back the premarket gains it saw following its Q3 report (I, II). For yet another quarter, stock buybacks (they soared to $3.8B in Q3) allowed EPS to beat estimates even as revenue missed. Also, total wireless net adds fell to 678K from Q2's 1.3M, and postpaid net adds fell to 151K from 320K. Wireless operating margin fell 410 bps Q/Q to 26.2%, partly due to a 20% Q/Q increase in smartphone sales. Total churn rose to 1.34% from Q2's low 1.18%. Verizon (VZ +0.9%), interestingly, is going in the opposite direction.
    | 2 Comments
  • Oct. 24, 2012, 7:49 AM
    More on AT&T (T) Q3 earnings: FY 2012 free cash flow guidance bumped $2B to $18B or more. Smartphone sales of 6.1M, 4.7M iPhones activated. Wireless EBITDA service margin of 40.8%, on track to hit full-year guidance of 42.5%. Postpaid subscriber ARPU +2.4% Y/Y, the strongest growth in 6 quarters. On CNBC as the numbers crossed, Buffett has "no interest" in AT&T or VZ, saying he doesn't know what they would look like in 5-10 years. Shares +1.9% premarket. (PR)
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  • Oct. 24, 2012, 7:33 AM
    AT&T (T): Q3 EPS of $0.62 beats by $0.02. Revenue of $31.5B (flat% Y/Y) misses by $120M. (PR)
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Company Description
AT&T Inc, through its subsidiaries and affiliates, provides wireless and wireline telecommunications services in the United States and internationally. The Company has three reportable segments: Wireless, Wireline, and Other.