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AT&T beats Q2 profit estimates with strong wireless and broadband growth, shares rise 4.3%.

Company Fundamentals
22 Jul 2026
Proactive Investors
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Bullish
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AT&T reported better-than-expected Q2 adjusted earnings of $0.65 per share, a 20.4% increase year-over-year, driven by strong postpaid phone additions and broadband growth. Revenue rose 2.3% to $31.6 billion, slightly below estimates, while adjusted EBITDA and free cash flow also surpassed forecasts. The company added over 1 million advanced connectivity customers, including fiber and fixed wireless users, and accelerated its $10 billion buyback program for 2026. AT&T reaffirmed its full-year guidance, expecting continued EBITDA and earnings growth along with significant capital returns through 2028.

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