About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

AT&T (NYSE:T) Q3 2025 Earnings Call October 22, 2025 08:30 AM ET Company ParticipantsPascal Desroches - CFOMichael Rollins - Managing DirectorJohn Stankey - Chairman and CEOBrett Feldman - Senior VP of Finace and Investor RelationsBenjamin Swinburne - Managing DirectorConference Call ParticipantsPeter Supino - Managing Director and Senior AnalystJohn Hodulik - Media and Telecom AnalystMichael Ng - Equity Research AnalystSebastiano Petti - Senior Research AnalystDavid Barden - AnalystOperatorGood morning and ...

AT&T (NYSE:T) Q3 2025 Earnings Call October 22, 2025 08:30 AM ET Company ParticipantsPascal Desroches - CFOMichael Rollins - Managing DirectorJohn Stankey - Chairman and CEOBrett Feldman - Senior VP of Finace and Investor RelationsBenjamin Swinburne - Managing DirectorConference Call ParticipantsPeter Supino - Managing Director and Senior AnalystJohn Hodulik - Media and Telecom AnalystMichael Ng - Equity Research AnalystSebastiano Petti - Senior Research AnalystDavid Barden - AnalystOperatorGood morning and ...

AT&T (NYSE:T) Q3 2025 Earnings Call October 22, 2025 08:30 AM ET Speaker2Good morning and welcome to AT&T's third quarter 2025 earnings call. At this time, all participants are in a listen-only mode. Should you need assistance during the call, please press star, then zero, and an operator will assist you offline. Following the presentation, the call will open for your questions. If you would like to ask a question, please press star, then one, and you will be placed in the question queue. If you are in the ...

AT&T (NYSE:T) Q3 2025 Earnings Call October 22, 2025 08:30 AM ET Speaker0Good morning, and welcome to AT and T's Third Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. As a reminder, this conference is being recorded. I would now like to turn the conference call over to our host, Brett Senior Vice President, Finance and Investor Relations. Please go ahead.Speaker1Thank you, and good morning. Welcome to our third quarter call. I'm Brett Feldman, Head of Inve ...

Key Points AT&T reported mixed results relative to expectations, but the news was generally positive. AT&T added subscribers across wireless, fiber, and Internet Air, and its converged strategy made progress. With the stock trading in bargain territory, it looks like a solid value. 10 stocks we like better than AT&T › Telecom giant AT&T (NYSE: T) has a simple growth strategy: Win high-value customers who use its wireless and fiber services together. The company picked up plenty of those so-called ...

AT&T (T) came out with quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.6 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.82%. A quarter ago, it was expected that this telecommunications company would post earnings of $0.51 per share when it actually produced earnings of $0.54, delivering a surprise of +5.88%.Over the last four quarters, the comp ...

业绩总结 - AT&T在2025年第三季度的后付费手机用户达到7380万，净增加40.5万[11] - 移动服务收入同比增长2.3%[12] - AT&T光纤用户达到1010万，净增加28.8万，同比增长16.8%[13][14] - 2025年第三季度服务收入同比增长0.8%[16] - 调整后的EBITDA同比增长2.4%[18] - 自由现金流为49亿美元[19] - 2023年第三季度的EBITDA为10487百万美元，年同比增长3.4%[75] - 2023年第三季度的总营业收入为30213百万美元[75] - 2023年第三季度的调整后EBITDA为11203百万美元，年同比增长4.4%[75] - 2023年第三季度的净收入为3826百万美元[75] 用户数据 - 2025年公司预计调整后的EBITDA增长率为3%或更好[69] - 2025年调整后的每股收益预计在1.97美元到2.07美元的范围内[69] - 2024年第三季度调整后每股收益为0.54美元，预计2024年第四季度为0.43美元[86] 未来展望 - 2025年自由现金流预计在160亿美元的低到中间范围[69] - 2024年第三季度的总债务为129012百万美元，预计2024年第四季度为123532百万美元[80] - 2024年第三季度年化净债务与调整后EBITDA比率为2.82，预计2024年第四季度为2.68[80] - 2024年第三季度自由现金流为4604百万美元，预计2024年第四季度为4014百万美元[84] 资本投资与回报 - 资本投资预计在220亿美元至225亿美元之间[9] - 2025年第三季度股东回报计划中，已回购15亿美元的股票[61] - 2024年第三季度资本支出为5302百万美元，预计2024年第四季度为6843百万美元[82] - 2024年第三季度资本投资总额为5482百万美元，预计2024年第四季度为7064百万美元[82] 负面信息 - 2023年第三季度的运营收入为5782百万美元，年同比下降63.4%[75] - 传统服务收入为26.69亿美元，较上季度下降6.5%[88] - 2024年第三季度DIRECTV的现金分配为-281百万美元，预计2024年第四季度为-1072百万美元[84] 收入细分 - 无线服务收入为165.39亿美元，较上季度增长0.1%[88] - 光纤和高级连接服务总收入为16.54亿美元，较上季度增长0.5%[88] - 调整后的光纤和高级连接服务收入为17.93亿美元，较上季度增长1.5%[88] - 3Q24的总收入为165.39亿美元，较上季度增长0.1%[88] - 4Q24的总收入预计为166.51亿美元，较上季度增长0.7%[88]

全球股指期货表现 - 美股三大股指期货齐跌，标普500指数期货跌0.04%至6,732.40点，纳指期货跌0.27%至25,059.30点，道指期货基本持平 [1] - 欧洲主要股指多数下跌，德国DAX指数跌0.21%至24,297.27点，法国CAC40指数跌0.33%至8,231.54点，英国富时100指数逆势上涨0.90%至9,512.25点 [2] - 原油价格显著上涨，WTI原油涨1.96%至58.36美元/桶，布伦特原油涨1.83%至62.44美元/桶 [3][4] 宏观经济与政策动向 - 美国银行策略师警示美股面临五大风险，包括标普500指数估值极高、熊市信号累积、政府数据缺失、投机活动与私人借贷风险、以及流动性冲击 [5] - 美联储预计下周降息25个基点，但经济学家对明年年底利率水平预测存在严重分歧，区间从2.25%-2.50%到3.75%-4.00%不等 [6] - 高盛首席经济学家指出市场对美国GDP预测过于乐观，第二季度预计为3.8%，第三季度预计为3.3%，但就业市场指标显示疲软迹象 [7] - 美国通胀替代指标显示9月同比上涨2.6%，创两年来新高，耐用品类消费者价格指数环比上涨6% [7] - 美国政府停摆持续22天，成为史上第二长停摆事件，可能持续至11月，预计将导致失业率出现小幅暂时性上升 [8] 重点公司业绩与动态 - 奈飞第三季度营收115亿美元符合预期，但因巴西税务纠纷影响，每股收益5.87美元低于分析师预估的6.94美元，盘前股价跌近7% [9][10] - 德州仪器第三季度营收47.4亿美元超预期，但第四季度营收展望中值不及市场预期，暗示在关税阴影下客户需求放缓，盘前股价跌近8% [10] - 阿莱恩斯西部银行第三季度营收同比增长15.2%至9.382亿美元，净利润激增逾27%至2.502亿美元，有效缓解区域银行恐慌情绪，盘前股价涨近2% [11] - 直觉外科第三季度营收达25.1亿美元，同比增长23%，手术量增长约20%，达芬奇系统投放427台，盘前股价涨逾17% [11] - 巴克莱银行计提2.35亿英镑汽车信贷拨备，但上调全年利润指引并宣布5亿英镑股票回购计划，盘前股价涨超4% [12] - AT&T第三季度营收307亿美元略低于预期，但新增40.5万名无线订阅用户超预期，受益于iPhone促销活动 [12] - 泰克资源第三季度调整后核心盈利增至11.7亿加元，同比增长近20%，营收增长18%至33.8亿加元，受益于金属价格上涨 [13] - Beyond Meat在轧空行情推动下盘前再度大涨近75%，此前两个交易日分别暴涨128%和146，公司与沃尔玛扩大合作至超2000家门店 [13]

U.S. telecom AT&T (NYSE:T) beat expectations for key subscriber metrics in the third quarter, which helped investors overlook the in-line profit and revenue miss. Shares of the company were up 1% in premarket NYSE trading on Wednesday. In Q3, the company ...