AT&T (T) reported Q2 FY 2017 earnings of $0.79 per share (versus $0.72 in Q2 FY 2016), beating analysts' consensus estimate of $0.74.
The company's quarterly revenues amounted to $39.837 bln (-1.6% y/y), in-line with analysts' consensus estimate of $39.838 bln.
The company also said it continued to expect the Time Warner (TWX) deal to close by year-end and further transform the company.
T rose to $37.25 (+2.84%) in pre-market trading.