AT&T sees earnings growth slowing in 2014

Wednesday 29 January 2014 | 09:02 CET | News
AT&T reported fourth-quarter revenues up 1.8 percent from a year earlier to USD 33.2 billion. Adjusted operating profit rose to USD 5.2 billion from USD 4.2 billion, giving a margin of 15.5 percent, and adjusted EPS was up 20.5 percent to USD 0.53. Net profit reached USD 6.9 billion, versus a loss of USD 3.9 billion a year ago, thanks to one-time gains on pension holdings and the sale of America Movil shares. These were offset in part by charges for debt redemption and lay-offs. AT&T reported operating cash flow of USD 34.8 billion for the year, down from a record USD 39.2 billion in 2012 due

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Categories: General
Companies: America Movil
Countries: United States
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