2024-01-24 09:59:17 ET
Summary
- AT&T Inc. Q4 results show solid performance, with revenue beating expectations and strong free cash flow generation.
- AT&T's guidance for 2024 includes steady growth in adjusted EBITDA and projected free cash flow of $17-18 billion.
- In this article, I elaborate on the key results of Q4 2023 and contextualize 2024 guidance with T's equity story for yield-seeking investors.
Approximately, 2 months ago, I issued an article on AT&T Inc. (T) in which I argued that while the overall investment case is suboptimal, from the dividend income perspective (which often is a key focus point of many investors) the stock is actually a buy....
Read the full article on Seeking Alpha
For further details see:
AT&T: Cash Cow Dynamics Within Q4 Results