AT&T REPORTS FOURTH-QUARTER AND FULL-YEAR 2013 RESULTS;
OUTLOOK FOR 2014
- Fourth-quarter consolidated revenues of $33.2 billion, up 1.8 percent versus the year-earlier period, For full year 2013, compared with 2012 results, AT&T's consolidated revenues totaled $128.8 billion versus $127.4 billion.
- $1.31 diluted EPS in the fourth quarter compared to $(0.68) diluted EPS in the year-ago period. Excluding significant items, EPS was $0.53 versus $0.44, up 20.5 percent year over year. For full year 2013, earnings per share totaled $2.50, compared with $2.31.
- More than 2 million new wireless and wireline high speed broadband connections added in the fourth quarter.
- Nearly $23 billion returned to shareowners in 2013 through dividends and share repurchases.
Outlook:
- In 2014, AT&T expects continued consolidated revenue growth in the 2 to 3 percent range.
- AT&T expects capital expenditures in the $21 billion range.
- Free cash flow is expected to be in the $11 billion range.
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AT&T Q4-2013
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