AT&T Announces 3-Year Financial Guidance and Capital Allocation Plan

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Oppenheimer Reiterates Outperform Rating on AT&T (T) Following Investor Event

October 30, 2019 8:18 AM EDT

Oppenheimer analyst Timothy Horan reiterated an Outperform rating and $47.00 price target on AT&T (NYSE: T) after the company's WarnerMedia division hosted an investor event showcasing AT&T's upcoming OTT video service, HBO Max. HBO Max will launch May 2020, targeting 75-90M... More

AT&T (T) Trades at High, Up 4.8%

October 28, 2019 9:48 AM EDT

AT&T (NYSE: T) Trades at High, Up 4.8%

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AT&T (T) Tops Q3 EPS by 1c, Offers 2020 and 2022 Guidance, 3-Year Capital Allocation Plan

October 28, 2019 6:52 AM EDT

(Updated - October 28, 2019 6:54 AM EDT)

AT&T (NYSE: T) reported Q3 EPS of $0.94, $0.01 better than the analyst estimate of $0.93. Revenue for the quarter came in at $44.59 billion versus the consensus estimate of $45 billion.

The strategic investments weve made over the last several years have given us the essential elements to meet growing demand for content and connectivity, said Randall Stephenson, AT&T chairman and CEO. Our 3-year plan delivers both substantial and consistent financial improvements over the next 3 years. We grow revenues,... More