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AT&T Post Strong Earnings Growth in Q4 2006

Posted by admin, Thu, 25 Jan 07 13:55:06 -0500

Today AT&T announced their Q4 2006 earnings. Here is a recap of their numbers:

  • $0.50 reported earnings per diluted share, up 8.7 percent versus year-earlier fourth quarter.
  • $0.61 earnings per diluted share before merger-related costs, up 27.1 percent versus comparable results in fourth quarter of 2005.
  • 2.4 million net wireless subscriber gain with stable churn, wireless service revenues up 13.1 percent, wireless data revenues up 68.6 percent.
  • Regional business revenues up 7.5 percent versus pro forma results for the year-earlier quarter, continued double-digit percentage growth in regional small/medium business revenues.
  • Further enterprise progress led by solid demand in data transport and strong double-digit growth in IP data revenues.
  • Outlook reaffirmed for continued double-digit adjusted earnings per share growth with growing free cash flow after dividends in 2007 and 2008; expected BellSouth merger synergies revised upward, estimated net present value increased from approximately $18 billion to approximately $22 billion.


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