CA - AT&T Q4 Earnings Land: A Very Murky Outlook Spooks Investors

2024-01-24 10:40:59 ET

Summary

• AT&T Inc. reported mixed earnings, causing shares to drop by 4% at the time of this writing, but was it all bad?
• AT&T Q4 revenues exceeded expectations, with a revenue of $32.02 billion.
• Subscriber adds were strong, with 526,000 postpaid phone net adds and 273,000 fiber net adds in AT&T's Q4, with some prepaid losses.
• Did you see the AT&T cash flow?
• The AT&T 2024 EPS guide took pension hits, a nagging cost, but look at the cash flow guide.

Here we go again. The panic inducing naysayers are at it again, folks, as AT&T Inc. (T) has just reported Q4 earnings . The sky is falling here, it would seem, with shares "dumping" off about 4% at the time of this writing. Maybe it is a tough session. The numbers were mixed, but they were not a disaster....

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