Earnings tracking firm First Call Corp. predicted a profit of 53 cents a share.
AT&T's operating earnings exclude gains, charges and other ownership interests. Including those items, AT&T reported net earnings of US$1.74 billion, or 54 cents a share. The results were down from earnings of US$1.72 billion, or 61 cents a share, a year ago. The company said the earnings were lower because of the acquisition of cable company TCI and a higher shares outstanding count. Full story. -- Larry Dignan, ZDNet Inter@ctive Investor