AT&T Inc. provides telecommunication, media, and technology services worldwide. The company operates through Communications, WarnerMedia, and Latin America segments. The Communications segment offers wireless voice and data communications services; video and targeted advertising services; broadband, including fiber, and legacy telephony internet and voice communication; and wireline telecom services. It also sells handsets, wirelessly enabled computers, wireless data cards, and IP-based set-top boxes, as well as various accessories, such as carrying cases and hands-free devices through the company-owned stores, agents, and third-party retail stores. This segment markets its communications services and products under the AT&T, Cricket, AT&T PREPAIDSM, AT&T TV, AT&T Fiber, and DIRECTV brand names. The WarnerMedia segment primarily produces, distributes, and licenses television programming and feature films; distributes home entertainment products in physical and digital formats; and produces and distributes mobile and console games, and consumer products, as well as offers brand licensing services, and advertising services. It also operates cable networks; video on demand streaming platform under the HBO Max and HBO GO names; multichannel pay television services under the HBO and Cinemax; and digital media properties, as well as licenses its content to television networks and over-the-top services. The Latin America segment offers video entertainment and audio programming services under the DIRECTV and SKY brands primarily to residential customers; pay-TV services, including HD sports video content; and postpaid and prepaid wireless services under the AT&T and Unefon brands, as well as sells various handsets through company-owned stores, agents, and third-party retail stores. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was incorporated in 1983 and is headquartered in Dallas, Texas.
IPO Year:
Exchange: NYSE
Website: att.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/1/2024 | $22.00 | Buy | Goldman |
6/11/2024 | Underperform → Neutral | Exane BNP Paribas | |
4/29/2024 | $20.00 | Equal Weight → Overweight | Barclays |
3/5/2024 | $21.00 | Peer Perform → Outperform | Wolfe Research |
2/1/2024 | $18.00 → $21.00 | Neutral → Overweight | JP Morgan |
1/19/2024 | $21.00 | Perform → Outperform | Oppenheimer |
10/20/2023 | $18.50 | Sector Perform → Sector Outperform | Scotiabank |
8/29/2023 | $17.00 | Neutral → Buy | Citigroup |
7/19/2023 | Buy → Hold | Argus | |
7/17/2023 | $22.00 → $16.00 | Buy → Neutral | Citigroup |
CHICAGO, Sept. 17, 2024 /PRNewswire/ -- Dense Air and Millennium Parking Garages are excited to announce the successful completion of a groundbreaking pilot project, aimed at enhancing cellular connectivity in challenging, hard-to-reach locations through seamless integration with AT&T and T-Mobile networks. In early May, Dense Air and Millennium Parking Garages embarked on a unique partnership to transform Millennium Parking Garages into a test bed for innovative cellular network solutions. The collaboration focused on overcoming one of the most daunting challenges in connecti
-- Seamless Integration to Elevate eHealth Solutions Across Healthcare IT Systems VANCOUVER, BC, Sept. 17, 2024 /PRNewswire/ - UniDoc Health Corp. (CSE:UDOC) (FRA: L7T) (OTCQB:UDOCF) ("UniDoc," or the "Company"), an innovator in the eHealth sector, is pleased to announce a strategic partnership with Carefluence®, a recognized innovator in healthcare interoperability solutions. This collaboration will embed Carefluence's advanced Fast Healthcare Interoperability Resources ("FHIR")-based platform into UniDoc's telehealth solutions, enabling seamless data exchange and connectivity across multiple health IT systems.
BOULDER, CO and DALLAS, TX, Sept. 11, 2024 /PRNewswire/ -- Unsupervised today announced the signing of a new agreement with AT&T (NYSE:T). This agreement builds upon a successful ongoing collaboration where Unsupervised's AI-powered Data Analyst software has identified over one-hundred million dollars' worth of opportunities which could be deployed across a variety of business units at AT&T. As part of this new agreement, AT&T plans to use Unsupervised's AI Data Analysts in a wider capacity over the next year to analyze a variety of internal data sources to provide natural l
DALLAS, Sept. 10, 2024 /PRNewswire/ -- Today, AT&T's chief executive officer participated in a fireside chat where he covered recent progress on the Company's multi-year growth strategy. Key Takeaway: AT&T continues to make progress on its sustainable, long-term growth strategy and remains on track to meet all of its consolidated financial guidance.John Stankey, chief executive officer, AT&T (NYSE:T) Inc., spoke today at the Goldman Sachs Communacopia + Technology Conference where he provided an update to shareholders. Topics included: AT&T remains focused on growing durable converged relationships with high-quality 5G & fiber customers AT&T continues to see healthy, but normalizing, wireles
DALLAS, Sept. 9, 2024 /PRNewswire/ -- Continued expansion at Gigapower and new agreements with commercial open-access providers will deliver world-class broadband access to new service areas Key Takeaways: America's largest fiber provider1 is bringing high-speed fiber internet to more people and new geographies through continued expansion of Gigapower's fiber footprint and four new agreements with commercial open-access providers.AT&T's proven fiber leadership makes it the clear provider of choice for commercial open-access fiber builders.AT&T, the largest fiber provider in the U.S.1, is expanding where it can serve world-class fiber reaching more people and places across the country than
DALLAS, Sept. 4, 2024 /PRNewswire/ -- Tune in at 8:00 a.m. ET on September 5 for a fireside chat with AT&T's chief financial officer, where he will cover recent progress on the Company's multi-year growth strategy. Key Takeaways: AT&T continues to make progress on its sustainable, long-term growth strategy and remains on track to meet all of its consolidated financial guidance.The Company continues to see healthy customer demand for world-class converged connectivity through 5G and fiber.As America's largest fiber provider1 and with the largest wireless network in North America2, AT&T is uniquely positioned to offer converged wireless and broadband services at scale with benefits from owner'
DALLAS, Sept. 3, 2024 /PRNewswire/ -- Tune in for a fireside chat with John Stankey at the Goldman Sachs Conference, scheduled to begin at 11:10 a.m. ET. Webcast available live and for replay. Key Takeaways: AT&T to webcast fireside chat with John Stankey at Goldman Sachs ConferenceWebcast will be available live and for replayAT&T (NYSE:T) will webcast a fireside chat with John Stankey, chief executive officer, AT&T Inc., at the Goldman Sachs Communacopia + Technology Conference on Tuesday, September 10, 2024. The conversation is scheduled to begin at 11:10 a.m. ET. The webcast will be available live and for replay at AT&T Investor Relations. Viewers should start the webcast a few minutes b
DALLAS, Aug. 29, 2024 /PRNewswire/ -- Tune in for a fireside chat with Jenifer Robertson at the Citi Conference, scheduled to begin at 3:50 p.m. ET. Webcast available live and for replay. Key Takeaways: AT&T to webcast fireside chat with Jenifer Robertson at the Citi ConferenceWebcast will be available live and for replayAT&T (NYSE:T) will webcast a fireside chat with Jenifer Robertson, president, AT&T Consumer, at Citi's 2024 Global TMT Conference on Thursday, September 5, 2024. The conversation is scheduled to begin at 3:50 p.m. ET. The webcast will be available live and for replay at AT&T Investor Relations. Viewers should start the webcast a few minutes before the planned start time in c
DALLAS, Aug. 29, 2024 /PRNewswire/ -- Tune in for a fireside chat with Pascal Desroches at the Bank of America Conference, scheduled to begin at 8:00 a.m. ET. Webcast available live and for replay. Key Takeaways: AT&T to webcast fireside chat with Pascal Desroches at Bank of America ConferenceWebcast will be available live and for replayAT&T (NYSE:T) will webcast a fireside chat with Pascal Desroches, chief financial officer, AT&T Inc., at the Bank of America Media, Communications and Entertainment Conference on Thursday, September 5, 2024. The conversation is scheduled to begin at 8:00 a.m. ET. The webcast will be available live and for replay at AT&T Investor Relations. Viewers should star
DALLAS, Aug. 23, 2024 /PRNewswire/ -- We will release our third-quarter 2024 results on Wednesday, October 23, and webcast a conference call to discuss results. Key Takeaways: AT&T will release its third-quarter 2024 results on October 23AT&T will webcast a conference call to discuss resultsAT&T (NYSE:T) will release its third-quarter 2024 results before the New York Stock Exchange opens on Wednesday, October 23, 2024. The company's earnings release and related materials will be available at AT&T Investor Relations. At 8:30 a.m. ET the same day, AT&T will host a conference call to discuss the results. A live webcast of the call will be available at AT&T Investor Relations, and the webcast r
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DALLAS, Aug. 23, 2024 /PRNewswire/ -- We will release our third-quarter 2024 results on Wednesday, October 23, and webcast a conference call to discuss results. Key Takeaways: AT&T will release its third-quarter 2024 results on October 23AT&T will webcast a conference call to discuss resultsAT&T (NYSE:T) will release its third-quarter 2024 results before the New York Stock Exchange opens on Wednesday, October 23, 2024. The company's earnings release and related materials will be available at AT&T Investor Relations. At 8:30 a.m. ET the same day, AT&T will host a conference call to discuss the results. A live webcast of the call will be available at AT&T Investor Relations, and the webcast r
USA News Group Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, July 24, 2024 /PRNewswire/ -- USA News Group – The telecom market just witnessed a security breach nightmare, with the data (records of calls and texts) of nearly all customers of a giant getting stolen by hackers. The incident in question involved AT&T Inc. (NYSE:T), which immediately issued a press release to address the situation, pointing towards the probability that the hackers illegally downloaded the data from a third-party cloud platform. In this case, the data stolen was from 2022, representing a massive data breach done in the future. The implication is that security methods implemented today, could impact
Connectivity investments continue to attract and retain high-value subscribers who choose both wireless and fiber service DALLAS, July 24, 2024 /PRNewswire/ -- AT&T Inc. (NYSE:T) reported second-quarter results that delivered durable and profitable 5G and fiber customer growth with increasing Mobility service and broadband revenues. Following consistent first-half performance, the Company reiterates all full-year 2024 financial guidance. Second-Quarter Consolidated Results Revenues of $29.8 billionDiluted EPS of $0.49; adjusted EPS* of $0.57Operating income of $5.8 billion; adjusted operating income* of $6.3 billionNet income of $3.9 billion; adjusted EBITDA* of $11.3 billionCash from opera
DALLAS, June 26, 2024 /PRNewswire/ -- The board of directors today declared a quarterly dividend of $0.2775 per share on the company's common shares, payable August 1, 2024. Key Takeaways: The board of directors declared a quarterly dividend of $0.2775 per share on the company's common shares.Dividends on common stock as well as Series A and Series C preferred stock are payable on August 1, 2024.The board of directors of AT&T (NYSE:T) today declared a quarterly dividend of $0.2775 per share on the company's common shares. The board of directors also declared quarterly dividends on the company's 5.000% Perpetual Preferred Stock, Series A and the company's 4.750% Perpetual Preferred Stock, Ser
DALLAS, May 23, 2024 /PRNewswire/ -- We will release our second-quarter 2024 results on Wednesday, July 24, and webcast a conference call to discuss results. Key Takeaways: AT&T will release its second-quarter 2024 results on July 24AT&T will webcast a conference call to discuss resultsAT&T ((T) will release its second-quarter 2024 results before the New York Stock Exchange opens on Wednesday, July 24, 2024. The company's earnings release and related materials will be available at AT&T Investor Relations. At 8:30 a.m. ET the same day, AT&T will host a conference call to discuss the results. A live webcast of the call will be available at AT&T Investor Relations, and the webcast replay and tr
Company's investment-led approach and connectivity momentum fuels Mobility service and broadband revenue growth DALLAS, April 24, 2024 /PRNewswire/ -- AT&T Inc. (NYSE:T) reported first-quarter results that highlighted consistent 5G and fiber customer additions and showcased profitable growth driven by increased Mobility service and broadband revenues. First-Quarter Consolidated Results Revenues of $30.0 billionDiluted EPS of $0.47; adjusted EPS* of $0.55Operating income of $5.8 billion; adjusted operating income* of $6.0 billionNet income of $3.8 billion; adjusted EBITDA* of $11.0 billionCash from operating activities of $7.5 billion, up $0.9 billion year over yearCapital expenditu
DALLAS, March 29, 2024 /PRNewswire/ -- The board of directors today declared a quarterly dividend of $0.2775 per share on the company's common shares, payable May 1, 2024. Key Takeaways: The board of directors declared a quarterly dividend of $0.2775 per share on the company's common shares.Dividends on common stock as well as Series A and Series C preferred stock are payable on May 1, 2024.Dividends on Series B preferred stock are payable on May 2, 2024.The board of directors of AT&T* (NYSE:T) today declared a quarterly dividend of $0.2775 per share on the company's common shares. The board of directors also declared quarterly dividends on the company's 5.000% Perpetual Preferred Stock, Ser
DALLAS, Feb. 23, 2024 /PRNewswire/ -- We will release our first-quarter 2024 results on Wednesday, April 24, and webcast a conference call to discuss results. Key Takeaways: AT&T will release its first-quarter 2024 results on April 24AT&T will webcast a conference call to discuss resultsAT&T* (NYSE:T) will release its first-quarter 2024 results before the New York Stock Exchange opens on Wednesday, April 24, 2024. The company's earnings release and related materials will be available at AT&T Investor Relations. At 8:30 a.m. ET the same day, AT&T will host a conference call to discuss the results. A live webcast of the call will be available at AT&T Investor Relations, and the webcast replay
AT&T's multi-year, investment-led strategy delivers improved free cash flow as company attracts and retains profitable customers DALLAS, Jan. 24, 2024 /PRNewswire/ -- AT&T Inc. (NYSE:T) delivered strong fourth-quarter and full-year results highlighted by profitable 5G and AT&T Fiber subscriber gains. As a result, the company posted strong operating income and cash from operations, and surpassed its full-year guidance for adjusted EBITDA*, mobility service and broadband revenue growth as well as its previously increased guidance for free cash flow*. Solid fourth-quarter results and strong free cash flow close out a strong year Fourth quarter cash from operating activities of $11.4 billion, u
DALLAS, Dec. 13, 2023 /PRNewswire/ -- The board of directors today declared a quarterly dividend of $0.2775 per share on the company's common shares. Key Takeaways: The board of directors declared a quarterly dividend of $0.2775 per share on the company's common shares.Dividends on common stock and Series A and Series C preferred stock are payable on February 1, 2024.The board of directors of AT&T* (NYSE: T) today declared a quarterly dividend of $0.2775 per share on the company's common shares. The board of directors also declared quarterly dividends on the company's 5.000% Perpetual Preferred Stock, Series A and the company's 4.750% Perpetual Preferred Stock, Series C. The Series A dividen
Goldman initiated coverage of AT&T with a rating of Buy and set a new price target of $22.00
Exane BNP Paribas upgraded AT&T from Underperform to Neutral
Barclays upgraded AT&T from Equal Weight to Overweight and set a new price target of $20.00
Wolfe Research upgraded AT&T from Peer Perform to Outperform and set a new price target of $21.00
JP Morgan upgraded AT&T from Neutral to Overweight and set a new price target of $21.00 from $18.00 previously
Oppenheimer upgraded AT&T from Perform to Outperform and set a new price target of $21.00
Scotiabank upgraded AT&T from Sector Perform to Sector Outperform and set a new price target of $18.50
Citigroup upgraded AT&T from Neutral to Buy and set a new price target of $17.00
Argus downgraded AT&T from Buy to Hold
Citigroup downgraded AT&T from Buy to Neutral and set a new price target of $16.00 from $22.00 previously
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11-K - AT&T INC. (0000732717) (Filer)
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MYND IMMERSIVE TEAMS WITH AT&T, HTC VIVE, NETGEAR AND SELECT REHABILITATION TO BUILD NATIONAL SPATIAL COMPUTING NETWORK FOR OLDER ADULTS NEW YORK, July 31, 2024 /PRNewswire/ -- Mynd Immersive, a pioneer in the field of delivering immersive therapeutics to older adults, and the CTA Foundation, the non-profit arm of the Consumer Technology Association, are thrilled to announce the launch of the Great American Elderverse™ program, supported by the Steven & Alexandra Cohen Foundation, AT&T, HTC VIVE, NETGEAR, and Select Rehabilitation. This groundbreaking initiative is providing immersive content and technology to underserved and lower-income seniors across the United States, enhancing their qu
AT&T held its annual stockholder meeting. Additional information can be found on the AT&T Investor Relations website. Key Takeaways: AT&T held its annual stockholder meeting on May 16.Each of the 11 nominees to the board of directors were re-elected to a one-year term.Once final voting results are available, they will be filed with the SEC and posted on the AT&T Investor Relations website and on AT&T's proxy website.DALLAS, May 16, 2024 /PRNewswire/ -- AT&T Inc.* (NYSE:T) announced the preliminary results of its annual meeting of stockholders, which was virtually held today in Dallas, Texas. At the meeting, each of the 11 nominees to the company's board of directors were re-elected to a one-
First of its Kind Virtual Reality Initiative to Enrich Lives of Aging Adults in Over 500 Senior Care Communities Nationwide LAS VEGAS, Jan. 9, 2024 /PRNewswire/ -- Mynd Immersive, previously known as MyndVR, is proud to announce the launch of the Great American Elderverse at CES 2024. This groundbreaking national campaign, supported by collaborations with AT&T, HTC VIVE, and the CTA Foundation, is set to transform the lives of millions of older adults across the United States in the years to come. As a starting point, this initiative is intended to introduce Mynd Immersive's virtual reality (VR) therapeutics to over 500 underserved senior care communities, powered by VIVE's expanding product
DALLAS, May 18, 2023 /PRNewswire/ -- AT&T held its annual stockholder meeting. Additional information can be found on the AT&T Investor Relations website. Key Takeaways: AT&T held its annual stockholder meeting.Additional information can be found on the AT&T Investor Relations website and on AT&T's proxy website.Each of the 10 nominees to the board of directors were re-elected to a one-year term.AT&T Inc.* (NYSE:T) announced the preliminary results of its annual meeting of stockholders, which was held today. At the meeting, each of the 10 nominees to the company's board of directors were re-elected to a one-year term. Stockholders also voted to approve the appointment of Ernst & Young as th
AT&T Inc.* ((T) today held its annual meeting of stockholders. At the meeting, each of the 10 nominees to the company's board of directors were reelected for one-year terms. Each member received at least 90.5% of the shares voted. The directors are: William Kennard Beth Mooney Scott Ford Matthew Rose Glenn Hutchins John Stankey Stephen Luczo Cynthia Taylor Michael McCallister Luis Ubiñas Additionally, AT&T stockholders voted to approve the appointment of Ernst & Young LLP as the company's independent auditor (95.1% of votes cast in favor). In an advisory vote, the compensation of AT&T's executive officers, as described in the 20
AT&T* has named its seven appointees to the Warner Bros. Discovery, Inc. Board of Directors as it prepares to spin off WarnerMedia and combine it with Discovery, Inc. As announced in May 2021, the Warner Bros. Discovery Board will consist of 13 members, with six chosen by Discovery and seven chosen by AT&T, including the Chairman of the Board. AT&T Chief Executive Officer John Stankey said: "We are delighted to have assembled a diverse slate of world-class directors for the Warner Bros. Discovery Board. These respected leaders bring a wealth of experience in finance, technology, media and entertainment, international trade, venture capital, and digital and direct-to-consumer platforms tha
At its annual meeting of stockholders today, AT&T Inc.* ((T) announced that each of the 12 nominees to the company's board of directors were reelected for one-year terms. The board members are: William Kennard Samuel Di Piazza, Jr. Scott Ford Glenn Hutchins Debra Lee Stephen Luczo Michael McCallister Beth Mooney Matthew Rose John Stankey Cynthia Taylor Geoffrey Yang Additionally, AT&T stockholders voted to approve the appointment of Ernst & Young LLP as the company's independent auditor (95.8% of votes cast in favor). In an advisory vote, the compensation of AT&T's executive officers, as described in the 2021 proxy statement, received 48.9% of votes cast in favor
NEWPORT NEWS, Va., Jan. 13, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries’ (NYSE: HII) Technical Solutions division announced today that Vice Adm. Thomas Moore (U.S. Navy, Ret.) has been named vice president of nuclear operations for its Nuclear and Environmental Services business group. He will report to Michael Lempke, president of HII’s Nuclear and Environmental Services business group. As vice president of nuclear operations, Moore will be responsible for the oversight of all nuclear operations activities for Technical Solutions’ Department of Energy portfolio. “Tom’s experience and leadership will build on the strength of an already deeply talented team supporting DOE and w
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Baird increased Apple Inc. (NASDAQ:AAPL) price target from $200 to $240. Baird analyst William Power maintained an Outperform rating. Apple shares fell 0.1% to trade at $218.51 on Thursday. See how other analysts view this stock. Truist Securities raised the price target for ServiceNow, Inc. (NYSE:NOW) from $750 to $780. Truist Securities analyst Joel Fishbein maintained a Hold rating. ServiceNow shares gained 11.9% to trade at $817.75 on Thursday. See how other analysts view this stock. JP Morg
Oppenheimer analyst Timothy Horan maintains AT&T (NYSE:T) with a Outperform and raises the price target from $21 to $23.
8 analysts have shared their evaluations of AT&T (NYSE:T) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 4 1 0 0 Last 30D 0 1 0 0 0 1M Ago 2 2 1 0 0 2M Ago 1 0 0 0 0 3M Ago 0 1 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $22.0, a high estimate of $26.00, and a low estimate of $18.00. This current average has increase
Barclays analyst Kannan Venkateshwar maintains AT&T (NYSE:T) with a Overweight and raises the price target from $20 to $22.
U.S. stocks traded lower toward the end of trading, with the S&P 500 falling around 100 points on Wednesday. The Dow traded down 0.82% to 40,025.48 while the NASDAQ fell 2.92% to 17,472.06. The S&P 500 also fell, dropping, 1.84% to 5,453.67. Check This Out: Jim Cramer Calls Axsome A ‘Double Or Nothing Stock,’ Says SAP Is ‘Incredible’ Leading and Lagging SectorsUtilities shares jumped by 0.8% on Wednesday. In trading on Wednesday, consumer discretionary shares fell by 3%. Top Headline Shares of AT&T Inc. (NYSE:T) rose around 5% during Wednesday’s session following second-quarter earnings. AT&T reported fiscal second-quarter 2024 operating revenues of $29.8 billion, down
Shares of General Dynamics Corporation (NYSE:GD) fell sharply during Wednesday's session after the company reported worse-than-expected second-quarter EPS results. Revenue for the quarter increased 18% year-over-year to $11.976 billion, beating the consensus of $11.438 billion. EPS of $3.26 (up 20.7% YoY) missed the consensus of $3.29, according to data from Benzinga Pro. General Dynamics shares declined 5.2% to $279.26 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers NuZee, Inc. (NASDAQ:NUZE) jumped 192% to $3.01. Dermata Therapeutics, Inc. (NASDAQ:DRMA) rose 142.4% to $3.0799 after falling over 22% on Tuesday. Selina Hospitality PLC
Wall Street experienced a turbulent session on Wednesday, with the S&P 500 index heading toward its worst performance in over a year and the tech-focused Nasdaq 100 eyeing its fifth decline in the last six sessions. The Magnificent Seven group — Microsoft Corp. (NYSE:MSFT), Apple Inc. (NASDAQ:AAPL), NVIDIA Corp., Alphabet Inc., Amazon Inc. (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:META) and Tesla, Inc. — wiped out over $570 billion in their combined market valuation by midday trading in New York. The Roundhill Magnificent Seven ETF (NYSE:MAGS) fell 4.9%, marking the worst daily performance since the fund’s inception last year. Tesla shares plummeted over 11% after missing earnings exp
Goldman Sachs analyst James Schneider reiterated a Buy rating on AT&T Inc (NYSE:T) with a price target of $22. AT&T reported fiscal 2024 second-quarter revenue of $29.8 billion — just below Goldman Sachs’s and the Stret’s estimate of $30 billion. Adjusted EBITDA of $11.34 billion was in line with Goldman Sachs’s estimate of $11.37 billion and the Street’s estimate of $11.31 billion. Free cash flow of $4.6 billion was above Goldman Sachs’s estimate at $4.3 billion and the Street at $4.3 billion on lower capital investment. Wireless service revenue of $16.3 billion was in line with Goldman Sachs’s estimate at $16.2 billion, and the Street at $16.2 billion. Postpaid phone ne
U.S. stocks were lower, with the Dow Jones index falling around 350 points on Wednesday. Shares of AT&T Inc. (NYSE:T) rose during Wednesday's session following second-quarter earnings. AT&T reported fiscal second-quarter 2024 operating revenues of $29.8 billion, down 0.4% year over year and missing the analyst consensus estimate of $29.9 billion. Adjusted EPS of 57 cents is in line with the analyst consensus estimate, according to data from Benzinga Pro. AT&T shares gained 3.1% to $18.78 on Wednesday. Here are some other big stocks recording gains in today’s session. PROG Holdings, Inc. (NYSE:PRG) shares jumped 20.4% to $41.71 after the company reported better-than-expected s