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home / news releases / DISCB - AT&T: This Bear Must Admit Earnings Were Good But The Dividend Should Be Cut

DISCB - AT&T: This Bear Must Admit Earnings Were Good But The Dividend Should Be Cut

Discovery Inc. Series B Common Stock
  • AT&T reported earnings with solid results and even increased guidance.
  • The company now sees itself on track to achieve $26 billion in free cash flow.
  • I explain why the optimal course of action is to eliminate the dividend to aggressively pay down debt.
  • Given the strong results, I am upgrading my rating from a previously bearish stance.

For further details see:

AT&T: This Bear Must Admit Earnings Were Good, But The Dividend Should Be Cut
Stock Information
Company Name: Discovery Inc. Series B Common Stock
Stock Symbol: DISCB
Market: NASDAQ
Website: corporate.discovery.com
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