Yesterday $T-0.5% reported results. On an adjusted earnings per share basis, the company beat analyst estimates, but missed on revenue. There was a lot of discussion about whether to overbid or not given the current price.
AT&T
TCapital Structure
Market Cap
137.0B
Enterpr. Val.
283.2B
Valuation
P/E
10.3
P/S
1.1
Has your stance changed in any way after the results? There's still the lead cable scandal hanging over their heads.
I keep my hands off both $VZ+0.6% and $T-0.5%, I have no confidence in this sector at all for the future.
This is probably decent for $T-0.5%. I wouldn't worry so much about the cables in this case. Maybe more so with $VZ+0.6%. I still don't plan to invest, attitude hasn't changed.
I have registered this debate but I am still holding back because I don't trust this sector much now, they are having an awfully hard time, huge competition as technology evolves and they have to move with the times, otherwise they just don't catch on, I don't see profitability here yet, more like debt. But of course that's just my opinion, not a recommendation. 😊