AT&T's baby bonds currently offer a 6.7% yield and trade at a 20% discount to par value due to elevated interest rates. The company reported solid Q2 results with $31.6 billion in revenue and $5.04 billion in net profit, ensuring strong coverage for interest payments and preferred dividends. With a targeted $18 billion free cash flow for 2024, AT&T's senior securities remain well protected despite significant capital investments. The analyst continues to increase holdings in these bonds, expecting potential capital gains if interest rates decline in the future.
AT&T's Advanced Connectivity segment is driving strong revenue growth and expanding profit margins, supported by investments in fiber and 5G infrastructure as well as strategic acquisitions. The company plans to phase out legacy copper-based services...
AT&T, the official wireless and wireline provider of Major League Soccer (MLS), is actively engaging fans during MLS All-Star Week in Charlotte through interactive events like the MLS All-Star Skills Challenge and community support initiatives, inclu...
AT&T reported strong second-quarter earnings with adjusted EPS of $0.65, beating expectations by 10.71%, and added significant subscribers in both wireless and fiber segments. Despite revenue slightly missing estimates at $31.56 billion, the company ...
AT&T reported a strong Q2 earnings beat and generated $4.7 billion in free cash flow despite slightly missing revenue targets. The company’s growth is driven by its convergence strategy and successful integration of Lumen assets, which boost fiber cu...
AT&T reported better-than-expected Q2 adjusted earnings of $0.65 per share, a 20.4% increase year-over-year, driven by strong postpaid phone additions and broadband growth. Revenue rose 2.3% to $31.6 billion, slightly below estimates, while adjusted ...
