该公司还预计，未来三年内，财务业绩改善将支持400多亿美元的股东回报，包括管理层预计将于2026年底完成的100亿美元初始股票回购授权。AT&T (T.US) announced on Tuesday that it expects adjusted eps to achieve double-digit percentage growth by 2027, with free cash flow exceeding 18 billion dollars.
According to Zhitong Finance APP, the usa telecommunications giant AT&T (T.US) stated on Tuesday that it expects adjusted eps to achieve double-digit percentage growth by 2027, with free cash flow exceeding 18 billion dollars. This telecommunications giant is implementing a multi-year global strategy focusing on sustained profit growth in 5G and fiber users.
According to the global strategy released by AT&T, the company will expand its fiber broadband network to over 50 million locations by the end of 2029 and modernize its 5G wireless network using open technology before 2027.
The company also expects that financial performance improvement in the next three years will support over 40 billion dollars in shareholder returns, including the management's projection to complete a 10 billion dollars initial share buyback authorization by the end of 2026.
Starting from the first quarter of 2025, AT&T plans to report adjusted eps and free cash flow, excluding earnings and cash flow related to DIRECTV.
It is reported that AT&T recently announced it would sell its remaining 70% stake in satellite television provider DirecTV to private equity firm TPG Capital for 7.6 billion dollars, marking AT&T's complete exit from the pay tv market.
AT&T expects the adjusted eps excluding DIRECTV for 2025 to be between 1.97 dollars and 2.07 dollars (market expectation is 2.27 dollars), and to accelerate to double-digit percentage growth by 2027. The free cash flow excluding DIRECTV for 2025 is expected to exceed 16 billion dollars, with an annual increase of about 1 billion dollars, and by 2027, free cash flow will reach over 18 billion dollars.
From 2025 to 2027, the annual growth rate of integrated service revenue is expected to be in the low single digits.
For this year, the company expects the adjusted eps to be between $2.20 and $2.25 (market expectation is $2.21), with wireless service revenue growth of about 3%.
The company expects to pay total dividends of over $20 billion from 2025 to 2027, and has the ability to repurchase about $20 billion of stocks.
AT&T expects to maintain the current annual common stock dividend of $1.11.
As of the time of writing, AT&T is up 3.52% in pre-market trading at $23.50.
