BUZZ-AT&T gains as annual profit forecast exceeds expectations

Reuters
Jan 28
BUZZ-AT&T gains as annual profit forecast exceeds expectations

** Shares of telecom firm AT&T T.N up 4.1% at $23.95 premarket, after co forecasts annual profit above expectations

** Co expects adj profit between $2.25 and $2.35 per share in 2026, above expectations of $2.21, according to data compiled by LSEG

** Expects 2028 free cash flow to be more than $21 bln, compared with analysts' average estimate for $19.61 bln

** Adds 283,000 fiber customers in Q4, above 272,320 expected by analysts at Visible Alpha.

** Adds 421,000 postpaid phone subscribers in Q4, compared with 421,510 additions expected by analysts from Visible Alpha.

** Stock rose 9.1% in 2025

(Reporting by Arnav Mishra in Bengaluru)

((Arnav.Mishra@thomsonreuters.com;))

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