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@wise_investor Β· Jan 28

🌟 AT&T: Quarterly results and a look into the future!

I'll add a few more interesting facts to Lukas' post!
AT&T $T ended 2024 with remarkable results that not only validate their strategic decision, but also open up new opportunities for future growth. πŸš€

Market success and exceeding expectations: In the last quarter of the year, AT&Tachieved revenues of $32.3 billion, slightly above analysts' expectations. Earnings per share came in at $0.54, significantly higher than the $0.49predicted . This success is the result of disciplined execution of strategy and aggressive expansion in the fiber optic business, as confirmed by CEO John Stankey. πŸ“‘

Customer loyalty and steady growth: One of the most notable achievements is the extremely low customer churn rate in the postpaid handset segment, which is only 0,85 %. This indicates high customer satisfaction and loyalty. Overall, AT&T reported revenue of $122.3 billion for 2024 and free cash flow of $17.6 billion, a year-over-year increase of $0.9 billion. πŸ“±

Divisional growth: Mobility division grew to USD 65.4 billion, an increase of 3,5 %, driven by increased service revenue and equipment upgrades. The Consumer Fiber section continued its impressive growth for the seventh consecutive year, with more than 1 million new users, and broadband revenue grew by 7,2 %. 🌍

Outlook: For 2025, AT&T reaffirms its targets for steady revenue and EBITDA growth . Despite earnings per share expectations of $1.97 to $2.07 falling short of Wall Street consensus (USD 2.18), the company is firmly committed to expanding its fiber optic networks, bolstering 5G coverage and maintaining robust cash flow. πŸ“ˆ

The company's shares responded by rising more than 7 %. With these moves,AT&T is positioning itself as a leader in the telecom industry and is ready to face whatever challenges the future brings. πŸ†

What is your opinion of AT&T?

A community member's personal view, not investment advice. Community Guidelines

MS

At one time I thought about selling the stock, but I'm still holding and am now in a nice profit and the dividend is great too.

WI

Definitely great as a dividend.

AA

It's great for the company. Along with Verizon $VZ they are good companies, but I wouldn't personally buy into the portfolio. As dividend stocks it works nicely though.

WI

Not even in the defensive part of the portfolio?

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