AT&T raises annual profit forecast on strong demand for bundled plans
7 Articles
7 Articles
AT&T raises annual profit forecast on strong demand for bundled plans
AT&T Raises 2026 Profit Outlook, Revenue Rises 5.3%
AT&T’s third-quarter revenue rose 5.3% to $32.3 billion, while adjusted earnings increased to 65 cents per share; reported earnings fell sharply, partly because of a non-cash impairment and a prior-year gain on the DIRECTV sale. Strong fiber, wireless and bundled-service customer growth helped the company raise its 2026 adjusted earnings forecast to about $2.40 per share. · 17 sources across the spectrum on IJR News.
AT&T raised its goals for the year after registering new expansion at the post-paid mobile phone subscriber base in the third quarter. Exclusive subject matter for subscribers. To have full access, access the subject link and register.
Shares in the American mobile operator AT&T are falling more than 4 percent in futures trading on Wall Street. This is despite the company raising its profit forecast for the full year after unexpectedly large sales and high profits in the third quarter. The number of new subscribers, net, ended up slightly lower than expected at 379,000. This compares with an average forecast among analysts of 387,410 new subscribers, according to Bloomberg. Sa…
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