AT&T's full-year capital expenditures are expected to be lower than estimated.

AT&T expects full-year capital expenditures to be between $22 billion and $22.5 billion, previously estimated at about $22 billion, with the market estimating $21.03 billion. AT&T still forecasts adjusted earnings per share between $1.97 and $2.07, while the market expects $2.09. AT&T's second quarter revenue was $30.8 billion, estimated at $30.43 billion. The adjusted earnings per share for the second quarter were $0.54, estimated at $0.52. The second quarter adjusted EBITDA was $11.7 billion, estimated at $11.6 billion.