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