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AT&T earnings bring subscriber beats, and a key part of outlook may have upside
Market Watch· 2024-01-24 19:33
AT&T Inc. expects to see further improvements to free cash flow in the year ahead as its wireless and fiber businesses continue to grow.The telecom company on Wednesday reported $16.8 billion in free cash flow for last year, above its prior increased forecast of roughly $16.5 billion. Looking at 2024, AT&T T, +2.32% models $17 billion to $18 billion on the metric, whereas analysts were expecting $17.35 billion. Free cash flow is a key metric to AT&T investors given that it supports the company’s dividend, w ...
AT&T's Q4 Profit Likely Fell as Subscriber Growth Slowed
Investopedia· 2024-01-24 05:30
AT&T Quarterly Earnings Analysts' Estimates for Q4 2023 (ex-one time items) Q3 2023Q4 2022 Revenue $31.4B $30.4B $31.3B Diluted EPS $0.56 $0.64 $0.61 Net Income $3.9B $4.6B $4.4BSource: Visible Alpha Key Metric Solid subscriber growth likely persisted for AT&T in the fourth quarter, but probably at its slowest rate since the company lost 5.2 million subscribers in the first quarter of 2022. The company likely added 5.4 million subscribers in the fourth quarter, according to analysts' estimates compile ...
AT&T Stock Is Gaining Again Today -- Is It a Buy for 2024?
The Motley Fool· 2024-01-24 04:14
AT&T (T 2.56%) stock is gaining in trading. The company's share price was up 2.3% as of 2:40 p.m. ET, according to data from S&P Global Market Intelligence.Verizon published its fourth-quarter earnings results before the market opened this morning, and its better-than-expected performance is also making investors more bullish about AT&T stock. While the two companies are rivals in the intensely competitive telecom industry, Wall Street's reaction points to expectations for positive trends that could benefit ...
Is AT&T a Value Stock?
The Motley Fool· 2024-01-23 21:30
AT&T股票价值分析 - AT&T股票被认为是一个潜在的价值投资[3] - 前瞻性市盈率低于7,远低于同行的14.5和标普500指数股票的21.4倍[5] - AT&T提供了高达6.66%的丰厚股息收益率[6] AT&T股息支持分析 - 股息收益率远高于短期政府债券、电信股票和标普500指数股票的平均收益率 - 股息得到了良好的财务支持,派息比率为55.8%,仅略高于其盈利的一半[7]
AT&T's stock could be the top wireless play this earnings season. Here's why.
Market Watch· 2024-01-23 05:58
AT&T Inc.’s stock presents the best “risk-adjusted upside” as the big wireless companies prepare to report earnings, according to Wells Fargo. Analyst Eric Luebchow is upbeat about AT&T’s T, +0.78% potential to issue a “solid” forecast “across the board” when it reports reports Wednesday morning. Namely, he’s optimistic about what the company will share on expectations for this year’s wireless service revenue growth, free cash flow and net additions. Read: AT&T’s stock has been a massive laggard, but this n ...
Can Improved Latin America Revenues Aid AT&T (T) Q4 Earnings?
Zacks Investment Research· 2024-01-23 01:01
AT&T Inc. (T) is scheduled to report fourth-quarter 2023 results on Jan 24, before the opening bell. In the fourth quarter, the Latin America segment is likely to have recorded higher revenues on a year-over-year basis despite a challenging macroeconomic environment and inflationary pressure owing to wireless traction.Factors at PlayThe Latin America segment comprises wireless services and equipment in Mexico.In the fourth quarter, AT&T expanded its 5G network infrastructure in Mexico. The company offered v ...
Will Soft Communications Revenues Dent AT&T (T) Q4 Earnings?
Zacks Investment Research· 2024-01-23 00:56
AT&T Inc. (T) is scheduled to report fourth-quarter 2023 results on Jan 24, before the opening bell. In the fourth quarter, the Communications segment is likely to have recorded year-over-year lower revenues despite a healthy traction in the wireless business, owing to a challenging macroeconomic environment.Factors at PlayThe Communications segment has three business units — Mobility, Entertainment Group and Business Wireline.In the fourth quarter, AT&T inked a five-year contract with Ericsson to modernize ...
AT&T's Financial Outlook: Balancing Robust Revenue Against Debt, Dividend Challenges
GuruFocus· 2024-01-22 21:00
公司业务 - AT&T拥有庞大的用户群体和广泛的业务,主要分为通信和拉丁美洲两大部分,其中通信部门在2022年贡献了97%的总收入,拉丁美洲部门贡献了2.6%的总销售额[3] - AT&T在美国拥有领先的宽带基础设施,5G频谱覆盖1.9亿人,计划在2023年底扩大至2亿人,同时拥有全国最大的消费者光纤网络,服务2070万消费者和330万企业地点[9] 财务状况 - AT&T第三季度营收增长1%,用户数量翻倍至800万,但营业收入下降3.8%,主要是由于高额的非现金费用导致[5][6] - AT&T在过去几年一直保持稳定的现金流和自由现金流,预计2023年自由现金流将增长至165亿美元[7] - AT&T面临着高额的债务负担,截至9月,公司股东权益为1178.6亿美元,但现金及现金等价物仅为75.4亿美元,有息债务为1380亿美元,未来1-3年面临约248亿美元的长期债务和利息支付[10][11] - AT&T过去十年的平均年度经营现金流为388亿美元,公司有能力满足债务和利息支付,尽管债务利息比率从2012年的0.76上升至2022年的1.59,但利息覆盖率始终保持在3.19以上[12] - AT&T的历史股息增长不可持续,虽然过去十年股息每股稳步增长,但2021年后急剧下降46.6%,且股息支付比率波动较大,有四年达到或超过1,表明公司支付的股息超过了盈利[13] 估值分析 - 根据10年平均自由现金流倍数16和预期的165亿美元自由现金流,AT&T的企业价值约为2640亿美元,扣除净债务后,股票的内在价值应为每股14.55美元,略低于当前股价16.80美元,表明AT&T的股票定价公平[15] - 使用折现自由现金流模型估算AT&T的内在价值,假设未来五年自由现金流每年增长3%,随后十年终端增长率为1%,采用15%的高折现率计算,得出AT&T的估值每股约为18美元,仅比当前价格高8%,进一步证明AT&T目前定价公平[16]
AT&T: About 53% Undervalued, But Is It A Buy?
Seeking Alpha· 2024-01-22 13:39
PAU BARRENA/AFP via Getty Images AT&T Inc. (NYSE:T) usually grabs the attention of investors looking for income. It's no surprise, considering the company is currently dishing out an enticing 6.66% dividend, drawing in investors hoping for a steady income and maybe a boost in the company's valuation back to its historical average. This could potentially lead to significant returns, especially if the stock is trading at a blended PE of 6.85x today, roughly 53% below its 20-year average of 12.91x. However ...
Unveiling AT&T (T) Q4 Outlook: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-01-20 03:01
Wall Street analysts forecast that AT&T (T) will report quarterly earnings of $0.55 per share in its upcoming release, pointing to a year-over-year decline of 9.8%. It is anticipated that revenues will amount to $31.46 billion, exhibiting an increase of 0.4% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their ini ...