AT&T Misses Q1 Revenue Target as Premium TV, DirecTV Lose Subscribers

AT&T’s first-quarter 2019 financials were a mixed bag. Now the parent to Time Warner, AT&T met media analysts’ earnings per share number, but fell short of revenue expectations.

Wall Street had forecast earnings per share (EPS) of 86 cents on $45.11 billion in revenue, per a Yahoo Finance consensus estimate. AT&T hit that 86-cent mark with some adjustments, but came in a little low on revenue with $44.8 billion.

“Our first-quarter results show that we’re delivering on what we...

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