On July 21, 2022, AT&T reported Q2 revenues of $29.6 billion (a decline of 17.1% year-over-year) on adjusted diluted earnings per share (EPS) of $0.65.
Summary: AT&T’s Q2 2022 revenues declined by 17.1% as compared to the same period in 2021. AT&T now reports its revenues across two segments: Communications and Latin America since the closing of the WarnerMedia transaction in April 2022.
The company reported earnings from operations of $4.96 billion during Q2 2022, resulting in GAAP operating margins of 16.7%. On the bottom line, the company reported a GAAP diluted EPS of $0.59, whereas the adjusted diluted earnings came to $0.65 per share.
Guidance: For 2022 the management has guided to:
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