财务表现 - 第三季度营收为307亿美元，低于市场预期的308.7亿美元 [1] - 每股盈利为54美分，大致符合市场预期 [1] 运营指标 - 第三季度新增月度付费无线用户40.5万户，超过市场预期的33.41万户 [1] 市场反应 - 公司股价下跌超过2.8%，报收于25.31美元 [1]

核心业绩表现 - 第三季度宽带用户新增总数创下八年多来的最高水平 [1] 战略投资与回报 - 公司在光纤和5G方面进行了巨额投资 [1] - 相关投资正开始显现回报 [1]

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]