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AT&T: EPS stable in Q4

(CercleFinance.com) - AT&T reports adjusted EPS of $0.
54 for Q4 2024, stable y-o-y, ahead of analysts' expectations, as well as adjusted EBITDA of $10.8bn, compared with $10.6bn in Q4 2023. NB: pmt +2.6%.

Sales rose by 0.9% to $32.3bn, with revenue increases in mobile services and equipment and consumer fixed services more than offsetting declines in business fixed services and Mexico.

In particular, the telecom operator announced mobile service revenues that are up 3.3% to $16.6bn, and consumer broadband service revenues up 7.8% to $2.9bn.

Having achieved all its financial targets for 2024, AT&T reiterates those for 2025 and the longer term, including adjusted EPS (excluding DIRECTV) of $1.97 to $2.07 and adjusted EBITDA growth of 3% or more for the year ahead.


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