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Update: AT&T Beats Expectations

 

Updated from 11:41 a.m. EDT

AT&T (T Quote) beat analysts' expectations Tuesday when it reported quarterly earnings.

The New York-based telecommunications giant said second-quarter earnings were 57 cents per share, on an operational basis, up 8 cents from the 49 cents reported in the year-ago period. Its earnings were $1.9 billion, compared with $1.6 billion earned in the same period last year. ...

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