AT&T’s Q2 Beat Suggests the Wireless Giants Still Have Room to Run

AT&T Inc. released second-quarter results that addressed concerns about cash depletion from network investments. While consolidated revenue reached $31.6 billion, slightly below forecasts, the company demonstrated strong operational performance through adjusted earnings per share of $0.65, surpassing analyst expectations of $0.59.
Free cash flow generation emerged as a key strength, totaling $4.7 billion and representing a 6.3% increase year-over-year. This result exceeded management’