AT&T CEO talks investment, earnings, and growth outlook
Coming off of the 2024 AT&T Analyst & Investor Day in Dallas, AT&T (T) CEO John Stankey sits down with Yahoo Finance executive editor Brian Sozzi to talk about the telecommunications company's earnings growth forecast and the chief executive's outlook on the incoming Trump administration. President-elect Donald Trump's new administration appears "very focused on trying to make sure that the economy performs well," Stankey says.
Is AT&T Becoming A Growth Stock?
AT&T's 3-5 year plan continues its focus on 5G wireless and fiber broadband, generating 5-10% EPS growth and $1 billion/year free cash flow increases. The company aims to double fiber customers, switch to open wireless architecture, and phase out its costly copper network by 2029. AT&T plans $20 billion in share buybacks once it hits its debt target, but dividend growth is not a priority.
AT&T Investor Day: Doubling Down On The Right Things
I previously rated AT&T Inc. a strong buy due to a DCF analysis suggesting a 19% upside and the beneficial DirectTV deal. T stock has outperformed the S&P 500, returning 9.7% compared to the S&P 500's 5.8% since my last analysis. AT&T's strategy focuses on accelerating bundling and premium services, which are expected to drive margins and market share.
Can AT&T Stock Ride on Strategic Plan to Drive Sustainable Growth?
T appears to be treading in the middle of the road and investors could be better off if they trade with caution.
AT&T Expects to Return Another $20 Billion in Cash to Investors by 2027 (Just Not Through a Higher Dividend)
AT&T (T 4.58%) recently unveiled its updated strategic plan, providing investors with financial guidance through 2027. The telecom giant expects to generate growing free cash flow during that period, much of which it plans to return to shareholders.
AT&T CEO Sees Return to Profitability
AT&T CEO John Stankey says the company is on track to deliver profit growth for the next three years. He joins Caroline Hyde to discuss on "Bloomberg Technology.
Why AT&T Stock Popped Today
AT&T (T 4.23%) stock jumped 4% through 11:05 a.m. ET Tuesday after outlining its "strategic plan to drive sustainable growth and enhanced shareholder returns" through 2027.
AT&T CEO on fiber expansion plans: The disruptor is us
John Stankey, AT&T CEO, joins 'Squawk on the Street' to discuss the company's differentiated position in the connectivity industry, why Stankey is so confident on the company's fiber expansion plans, and much more.
AT&T Stock Rallies on Buyback Program, Growth Expectations
Shares of AT&T Inc (NYSE:T) are trading at three-year highs today, up 4.2% at $23.66 at last check, after the company announced a $20 billion share buyback and expectations of earnings growth over the next three years.
AT&T Outlines Strategy Pledging Over $40B in Buybacks, Dividends
AT&T (T) outlined an ambitious strategic plan Tuesday, pledging to return more than $40 billion to shareholders via dividends and buybacks in the next three years, while forecasting more than $18 billion in free cash flow in 2027.
AT&T eyes road to $28bn free cash flow as $20bn buyback planned
AT&T Inc (NYSE:T, ETR:SOBA) has said it expects free cash flow to exceed the $28 billion mark come 2027 as plans were laid to ramp up its fibre rollout and boost shareholder returns. Aims were to double fibre availability to 50 million households across America by 2029, the company said ahead of its investor day on Tuesday.
US Stocks: Premarket Action on AT&T, Credo, and U.S. Steel to Drive Sentiment
Mixed market outlook as labor data and Fed policy loom. AT&T rises 4%, U.S. Steel tumbles 7%, and Super Micro gains after clearing misconduct claims.
