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AT&T earnings bring subscriber beats, and a key part of outlook may have upside
AT&TAT&T(US:T) 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 16.8billioninfreecashflowforlastyear,aboveitspriorincreasedforecastofroughly16.8 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 17billionto17 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 ...