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AT&T beats Q1 revenue estimates, grows EPS, and advances fiber expansion with strong future outlook.

Company Fundamentals
26 Apr 2026
Seeking Alpha
View Source
Bullish
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AT&T reported a Q1 revenue beat with $31.5 billion, up 2.8% year-over-year, alongside double-digit adjusted EPS growth. The company reaffirmed its free cash flow guidance above $18 billion, highlighting operational strength. AT&T is accelerating its fiber network expansion, aiming to reach 60 million fiber locations by 2030 and integrating Lumen ahead of schedule to support long-term growth. The stock offers a 4.24% dividend yield with a sustainable payout ratio, and potential Federal Reserve rate cuts could further improve margins and profitability in the medium term.

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