AT&T reported mixed Q4 2023 results with adjusted earnings per share (EPS) of $0.54, below the estimated $0.56, and GAAP EPS of $0.30, missing the estimate of $0.55. Revenue exceeded expectations at $32.02 billion compared to the forecasted $31.48 billion. The company's market capitalization is $122.91 billion. AT&T's Q4 wireless subscriber additions topped views, and the Group's adjusted EBITDA increased by 3.2%. For the full year 2023, the Group's adjusted EBITDA rose by 4.7%, with free cash flow (FCF) reaching $16.8 billion. However, AT&T's stock price fell following a softer 2024 outlook tied to tech changes and mixed earnings. The 2024 guidance anticipates adjusted EBITDA growth in the '3% range' and FCF of $17-18 billion. The stock has declined approximately 9% since the Warner spin-off in April 2022.
Comcast Beats Q4 Earnings Expectations, Boosts Dividend By 7% https://t.co/vfM5XQRxkc
$CMCSA (+0.8% pre) Comcast tops revenue and profit estimates despite broadband subscriber losses, raises dividend by 7% - CNBC https://t.co/DLkS4PiIeT
Comcast Per Share Dividend (hiked ~7% for FY24 to $1.24 annualized) https://t.co/kVzjPLjGxy
Comcast reports better-than-expected earnings and sales, even as it continued to rack up losses in its broadband and cable-TV businesses https://t.co/v4vNRNyMKF
Comcast Sees Q4 Profit Rise 8% On Business Services, Peacock, Theme Parks https://t.co/RwjOJN4oxt
Comcast 23Q4 results Q4 Adj. EBITDA +0.1%, EPS +2.4% y/y FY Adj. EBITDA +3.2%, EPS +9.3% FY23 FCF +2.5% ($13.0bn, 7.4% FCF Yield) US Broadband Q4 revenues +3.7% Subscriber -0.2% y/y, -31k q/q Media Q4 Adj. EBITDA $108m (-50%) Peacock lost -$825m (PY: -$978m) $CMCSA +3% premkt https://t.co/h3EdF1n87T
#Comcast hikes dividend by 6.9 percent. $CMCSA
AT&T 23Q4 results Q4 Group Adj. EBITDA +3.2% ($324m) Mobility +5.6% (+$447m) Consumer WL +10.2% (+$103m) Business WL -19.3% (-$366m) FY23 Group Adj. EBITDA +4.7%, FCF $16.8bn FY24 guide Adj. EBITDA growth "3% range" FCF $17-18bn $T -3%; ~9% down since Apr-22 Warner spin-off https://t.co/mVCyrbJay0
$T (-2.0% pre) AT&T Earnings Guidance For 2024 Misses As Q4 Wireless Subscriber Adds Top Views https://t.co/kdbOdgVFuY
💰 Abbott Labs $ABT EPS. vs Forecast 1.19 / 1.19 Rev. vs Forecast 10.24B / 10.17B 🟢 Market Cap: 197.91B
AT&T slides on softer 2024 outlook tied to tech change, mixed Q4 earnings https://t.co/DE6A4oxkS1
$T | AT&T Q4 Adj EPS $0.54 (Est. $0.56) https://t.co/axzNGqQZSh
AT&T Earnings Miss Expectations, New Phone Subscribers Beat https://t.co/k2eBlSuFQw
$T | AT&T Q4 Earnings: - GAAP EPS $0.30 (Est. $0.55) - Sales $32.02B (Est. $31.48B) https://t.co/L1R7uswuhk
$T AT&T Q4 2023 EARNINGS ADJ EPS 54C, EST. 56C REV. $32B, EST. $31.46B
💰 AT&T $T EPS. vs Forecast 0.54 / 0.56 🔴 Rev. vs Forecast 32B / 31.46B 🟢 Market Cap: 122.91B