AT&T Expects Q3 Free Cash Flow In The $4.5B-5.0B Range; Continues To Execute Well On Its Sustainable Long-term Growth Strategy, Remains On Track To Generate FY Free Cash Flow Of Better Than $16B
Portfolio Pulse from Benzinga Newsdesk
AT&T expects its Q3 free cash flow to be in the range of $4.5B-$5.0B. The company continues to execute well on its sustainable long-term growth strategy and remains on track to generate FY free cash flow of better than $16B.
September 14, 2023 | 4:14 pm
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AT&T's Q3 free cash flow is expected to be between $4.5B and $5.0B. The company is on track to generate FY free cash flow of more than $16B.
AT&T's positive cash flow forecast indicates a strong financial position, which could attract investors and potentially drive the stock price up in the short term.
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