2024-01-27 07:00:00 ET
Summary
- AT&T shares fell 3% after releasing mixed Q4 results and delivering disappointing guidance.
- The company reported strong free cash flow, user growth, and wireless service revenue.
- AT&T is working on retiring debt, building out its wireless network, and investing in open radio access network technology.
- Is the thrill of victory worth the agony of defeat?
This article was coproduced by Chuck Walston.
After gaining ground Monday in concert with Verizon ( VZ ) and that company’s better-than-expected earnings report, shares of AT&T ( T ) fell 3% with the release of mixed Q4 results.
As investors mulled over the earnings call, several factors appeared to cause the tumble. Arguably, management’s guidance is what delivered the worst blow to investor sentiment, despite a number of positive trends in the business....
Read the full article on Seeking Alpha
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AT&T: Is The Thrill Of Victory Worth The Agony Of Defeat?