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How Much Revenue Growth Will AT&T Record in Q2 2018?

Ambrish Shah - Author

Aug. 18 2020, Updated 5:33 a.m. ET

AT&T’s second-quarter revenue

In the previous article, we learned about analysts’ expectations for AT&T’s (T) second-quarter earnings. Now let’s take a look at the telecommunications company’s expected total revenue growth.

Wall Street analysts expect AT&T’s total revenue to fall ~1.3% YoY (year-over-year) to ~$39.3 billion in the second quarter.

In the first quarter, AT&T reported total revenue of $38.0 billion, below analysts’ consensus estimate of $39.3 billion. Its first-quarter revenue fell ~3.4% YoY from $39.4 billion in the first quarter of 2017.

AT&T is currently struggling in its core phone carrier business, and its merger with Time Warner is expected to offer it new growth opportunities.

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Peer comparison

In the first quarter, Verizon’s (VZ) total revenue rose ~6.6% YoY to reach $31.8 billion, whereas T-Mobile’s (TMUS) total revenue rose ~8.8% YoY to reach $10.5 billion. Meanwhile, Sprint’s (S) total revenue fell ~5.3% YoY to reach $8.1 billion in its fiscal fourth quarter of 2017.

In the next article, we’ll take a look at how much combined domestic wireless operations EBITDA growth we can expect from AT&T in the second quarter.


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