Latest News

AT&T Tops Earnings Estimates. Cash Flow Guidance Maintained.

0
Panorama of a city business district with office buildings and skyscrapers and superimposed data, charts and diagrams related to stock market, currency exchange and global finance. Blue line graphs with numbers and exchange rates, candlestick charts and financial figures fill the image with a glowing light. Sunset light.

AT&T Tops Earnings Estimates. Cash Flow Guidance Maintained. | Barron’s

AT&T beat both sales and earnings metrics for the third quarter and raised its forecast for profits.

The telecom giant also said it is “confident in [its] ability” to deliver the previously estimated $14 billion in free cash flow for full-year 2022. That means


AT&T

(ticker: T) should have ample cash to support its dividend and for debt repayment despite the costs of higher interest rates.

Elon Musk pumps Tesla stock with ridiculous $4 trillion target. Is a dump coming next?

Previous article

UBS has released its annual house price bubble report. Here are the most overvalued markets.

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News