- AT&T added 324,000 new wireless postpaid phone subscribers, slightly above estimates, but down 7.2% from last year.
- Adjusted earnings per share came in at 51 cents, just shy of the estimated 52 cents but an increase from 48 cents last year.
- Total revenue reached $30.6 billion, surpassing estimates and growing 2% compared to the previous year.
- The Communications Segment generated $29.56 billion in operating revenue, a 2.4% increase year-over-year.
- Latin America Segment saw a decline with $971 million in operating revenue, which is 8.7% less than last year and below estimates.
- Mobility revenue climbed to $21.57 billion, marking a 4.7% year-over-year increase.
- Adjusted EBITDA was noted at $11.5 billion, exceeding the expected $11.33 billion.
- Free cash flow increased by 11% to $3.1 billion.
- AT&T’s capital expenditure was slightly below expectations at $4.3 billion.
- Wireless postpaid net additions stood at 290,000, a notable 25% decrease from last year.
- AT&T Fiber gained 261,000 new customers, a 3.6% increase compared to last year.
- Postpaid phone-only churn rate rose to 0.83%, higher than last year and the estimated 0.75%.
- AT&T maintains a free cash flow forecast of at least $16 billion, despite estimates being $18.01 billion.
- The company plans capital expenditures around $22 billion, above market estimates.
- AT&T expects adjusted EPS to range from $1.97 to $2.07, just under the $2.10 estimate.
- Adjusted EBITDA is expected to grow by at least 3%.
- AT&T anticipates full-year consolidated service revenue growth in the low-single-digit range.
- Mobility service revenue growth is expected at the higher end of the 2% to 3% range.
- Consumer fiber broadband revenue is predicted to grow in the mid-teens.
- The company plans to initiate share buybacks in the second quarter.
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At&T Inc on Smartkarma
On Smartkarma, renowned independent analysts from Baptista Research have been covering At&T Inc extensively. In one report titled “AT&T: Will Its Fiber Infrastructure Expansion Be A Game-Changer Or A Costly Mistake? – Major Drivers,” the analysts delve into the company’s fourth-quarter 2024 financial performance. They highlight AT&T’s solid growth in core operations, specifically in Mobility and Consumer Wireline segments. Notably, the company’s postpaid phone net additions and service revenue growth in Mobility have been impressive, potentially positioning AT&T as an industry leader in postpaid phone churn.
In another insightful report by Baptista Research titled “AT&T Inc.: An Insight Into Its Fixed-Line Network Synergies,” the focus is on AT&T’s Q3 2024 earnings. The analysts point out AT&T’s strategic focus on leadership in converged connectivity through investments in 5G and fiber networks. The earnings report showcases sustainable subscriber growth in the mobility segment and strong additions in broadband, especially in fiber. Additionally, the company reported significant growth in its 5G subscriber base, reflecting positively on its ongoing initiatives and market positioning.
A look at At&T Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, AT&T Inc. shows a promising long-term outlook, with a solid overall assessment. Its high Momentum score of 5 indicates strong market performance and upward trend potential. The company’s Dividend score of 4 suggests attractive dividend payouts for investors, showcasing stability and potential income generation. While Value and Growth both received a score of 3, indicating average performance in these areas, the Resilience score of 3 implies a moderate ability to withstand market volatility. Overall, AT&T Inc. presents a balanced profile across different factors, making it an interesting prospect for potential investors.
AT&T Inc. is a prominent communications holding company that offers a wide range of services through its subsidiaries and affiliates. These services include local and long-distance phone service, wireless and data communications, Internet access, messaging, IP-based and satellite television, security services, telecommunications equipment, and directory advertising and publishing. With its diversified portfolio and respectable Smart Scores, AT&T Inc. appears to be positioned well for the future, catering to various communication needs and potentially delivering value to its stakeholders over the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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