AT&T Posts Mixed Q3, These Analysts Expect Pricing To Improve
Portfolio Pulse from Priya Nigam
AT&T reported mixed Q3 results, with service revenues growing by 4% and EBITDA by 3.4%. Analysts have mixed ratings, with price targets ranging from $19 to $24. The company faces challenges in wireless equipment revenues and business wireline, but maintains its full-year guidance.
October 24, 2024 | 4:22 pm
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AT&T's Q3 results were mixed, with service revenues up 4% and EBITDA up 3.4%. Analysts have mixed ratings, with price targets from $19 to $24. The company faces challenges in wireless equipment revenues and business wireline, but maintains its full-year guidance.
AT&T's Q3 results show growth in service revenues and EBITDA, but challenges in wireless equipment and business wireline. Analysts have mixed ratings, indicating uncertainty in short-term stock movement. The stock price declined by 1.58% after the earnings release, reflecting market reaction to the mixed results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100