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AT&T Inc. (T) Rose Sharply On Better Than Expected Q1 Earnings

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4/25/2012 7:23 AM ET

AT&T Inc. (T: Quote) reported first quarter net income of $0.60 per share Tuesday morning, up from $0.57 per share in the prior year period. The consensus estimate was for EPS of $0.57.

AT&T Inc. gapped open higher Tuesday and climbed during the first half of the morning. The stock rose by 1.11 at $31.72 on above average volume. AT&T closed challenging resistance near the highs of the year, trading at a one-month high.

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by RTT Staff Writer

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