reported third-quarter earnings that beat analysts' expectations by a penny, amid its expanding data services business, wireless operations and successful entry into the Texas long-distance market.
Excluding one-time items, the telecommunications company posted third-quarter earnings of $1.96 billion, or 57 cents a share, basically unchanged from last year's earnings of $1.97 billion, or 57 cents a share. A
First Call/Thomson Financial
poll of 17 analysts produced a consensus estimate of 56 cents a share.
Operating revenue rose 8% to $13.5 billion from $12.5 billion a year earlier. The San-Antonio-based company also said it expects to deliver double-digit revenue growth and mid-teens earnings growth beginning in 2001.