AT&T Expected to Rise on Strong Phone Net Additions and Robust Guidance: Analyst
AT&T Expected to Rise on Strong Phone Net Additions and Robust Guidance: Analyst
Goldman Sachs analyst James Schneider reiterated a Buy rating on AT&T Inc (NYSE:T) with a price target of $22.
高盛分析師詹姆斯·施耐德重申了對AT&T公司(紐交所:T)的買入評級,目標價爲22美元。
AT&T reported fiscal 2024 second-quarter revenue of $29.8 billion — just below Goldman Sachs's and the Stret's estimate of $30 billion.
AT&T報告2024財年第二季度營業收入爲298億美元,略低於高盛和Stret估計的300億美元。
- Adjusted EBITDA of $11.34 billion was in line with Goldman Sachs's estimate of $11.37 billion and the Street's estimate of $11.31 billion.
- Free cash flow of $4.6 billion was above Goldman Sachs's estimate at $4.3 billion and the Street at $4.3 billion on lower capital investment.
- Wireless service revenue of $16.3 billion was in line with Goldman Sachs's estimate at $16.2 billion, and the Street at $16.2 billion.
- Postpaid phone net adds came in at over 419,000, which was well ahead of Goldman Sachs at more than 275,000 and the Street at more than 266,000.
- Wireless EBITDA of $9.20 billion was in line with Goldman Sachs's estimate at $9.29 billion and the Street at $9.18 billion.
- Fiber net additions of 239,000-plus were below Goldman Sachs's at +260k and the Street's at more than 255,000.
- Wireless service revenue growth stands at +3% versus Goldman Sachs's estimate of +3.2% and the Street at +3.1%.
- Adjusted EPS remains at $2.15-$2.25 versus Goldman Sachs's estimate at $2.24 and the Street at $2.20.
- 調整後的EBITDA爲113.4億美元,與高盛的113.7億美元和街道的113.1億美元相當。
- 自由現金流爲46億美元,高於高盛43億美元和街頭43億美元的預估,受到較低資本投資的影響。
- 無線服務收入爲163億美元,與高盛162億美元和街頭的162億美元相符。
- 月租電話淨增加超過419,000,遠高於施耐德更多的275,000和街頭266,000。
- 無線EBITDA爲92億美元,與高盛的92.9億美元和街頭的91.8億美元相同。
- 光纖淨增加數量超過239,000,低於高盛的26萬和街頭的255,000。
- 無線服務收入增長率爲+3%,高於高盛預測的+3.2%和街頭的+3.1%。
- 調整後的EPS仍爲$2.15- $2.25,高於高盛的2.24美元和街頭的2.20美元的預估。
Schneider expects the stock to trade modestly higher following results given more robust phone net additions, in light of lowered expectations following a Verizon Communications Inc (NYSE:VZ) report.
鑑於更強大的手機淨增長,施耐德預計,在Verizon Communications Inc.(紐交所:VZ)報告後,股票將會適度上漲。
Price Action: AT&T stock gained 27% in the last 12 months. Investors can gain exposure to the stock through Vanguard High Dividend Yield ETF (NYSE:VYM) and Vanguard Value ETF (NYSE:VTV). T shares traded higher by 4.26% at $18.98 at the last check on Wednesday.
價格行動:AT&T股票在過去12個月中上漲了27%。投資者可以通過高股利收益etf-vanguard(紐交所:VYM)和價值股etf-vanguard(紐交所:VTV)獲得該股票的暴露。週三最後一次檢查,股票價格上漲了4.26%至18.98美元。
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譯文內容由第三人軟體翻譯。