AT&T Tops Tempered Q2 Earnings Expectations but Misses on Revenue as Warner Bros, Turner Feel COVID Impact

AT&T reported its second-quarter 2020 earnings on Thursday, when there was some good news and some (expected) bad news from the COVID quarter. Wall Street forecast earnings per share (EPS) of 79 cents on $41.18 billion in revenue for AT&T, according to a consensus compiled by Yahoo Finance. The company reported adjusted EPS of 83 cents on $41.0 billion in revenue. AT&T’s adjusted earnings were down six cents per share from the year-ago quarter….