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At&t Says Third-Quarter Consensus Revenue Estimates 'inflated'


Ron Burgundy
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An AT&T Logo is pictured on the side of a building in Pasadena(Reuters) - AT&T Inc said on Wednesday that consensus revenue estimates for its third-quarter were "inflated" as they differed from its own accounting, which includes results from DirecTV, acquired by the No. 2 U.S. wireless carrier in July. Shares of AT&T, which is scheduled to report results on Thursday, fell as much as 1.3 percent after the Wall Street Journal first reported that the company's revenue for the quarter could fall short of market expectations. AT&T's shares closed down 0.4 percent at $33.60.




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