AT&T beats estimates for subscriber additions, free cash flow
by Yahoo Finance
Yahoo Finance— The telecom giant has been leaning on its 5G rollouts and plans that are usually cheaper than rivals such as Verizon to appeal to more budget-conscious consumers and drive growth in the competitive U.S. market. AT&T added 349,000 net monthly bill-paying wireless phone subscribers in the first quarter, flying past expectations of 286,800 additions, according to five analysts polled by FactSet.
Investor's Business Daily—AT&T Earnings, Free Cash Flow, Subscriber Adds Beat. AT&T stock climbed after Q1 earnings fell from a year earlier but topped estimates. Revenue slightly missed.
Bloomberg—AT&T Beats Profit Estimates on Jump in Wireless Subscribers. AT&T Inc. beat analysts' estimates for profit in the first quarter as it added more wireless phone customers than expected.
Bloomberg.com—AT&T Beats Profit Estimates on Jump in Wireless Subscribers. AT&T Inc. beat analysts' estimates for profit in the first quarter as it added more wireless phone customers than expected.