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Alltel Corp 1Q EPS 64 Cents Vs EPS 77 Cents

Discussion in 'Alltel Forum' started by Shockwave13, Apr 27, 2007.

  1. Shockwave13

    Shockwave13 Junior Member
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    Nov 15, 2006
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    Alltel Corp 1Q EPS 64 Cents Vs EPS 77 Cents

    April 27, 2007: 07:39 AM EST


    Alltel Corp. (AT) Friday reported first-quarter earnings of $230.1 million, or 64 cents a share, down from a year-ago profit of $297.4 million, or 77 cents a share.

    On a non-GAAP basis, the Little Rock, Ark.-based wireless communications provider earned $225.3 million, or 63 cents a share, in the latest quarter.

    Revenue rose in the three-month period to $2.08 billion from $1.84 billion a year earlier.

    The average estimate of analysts polled by Thomson Financial was for a profit of 66 cents a share in the March period.

    The company said it added 867,000 customers in the latest quarter, up 8% from a year ago.

    The stock closed Thursday at $62.88, up 2%.

    -Michael Baron; 415-439-6400; AskNewswires@dowjones.com

    (END) Dow Jones Newswires
    04-27-07 0739ET
    Copyright (c) 2007 Dow Jones & Company, Inc.
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