Results due July 26th.
Someone in finance needs to spill the beans. What will the FCF numbers look like?
These result will dictate what happens in the future.
14 replies (most recent on top)
Paschal has already signaled that FCF will be a miss again.
During his chat with BOA, that is not what I understood him to say. I am almost certain he said FCF is on target. That was about 3 weeks ago.
More bad news to come. All the market analysts are seeing the flaws in AT&T not being able to cover FCF and pay debt, dividends and new projects in total. Something will get cut starting with employees on the Stankey Titanic
Earnings are announced July 26th
https://earningswhispers.com/stocks/t
I switched my phones to T-Mobile when I left AT&T. The 5G service is much better than AT&T's in almost every place I go. I rural areas, I have enough coverage to call and text, but AT&T's network is better out there.
My favorite thing about T-Mobile is the predictable bill. If the plan is $80/month for 2 lines, I'm paying exactly $80. No weird games with taxes and fees.
I'm looking at switching to Spectrum Mobile though. They use Verizon's network, which beats AT&T's coverage, and their pricing includes the taxes and fees. I have several friends still working at AT&T and would love to support them. As soon as AT&T pricing nudes taxes and fees, I'll look at switching lined again.
Paschal has already signaled that FCF will be a miss again.
all we did was wonder if we will continue to have jobs and where this quarter, write this one OFF!!
July 21, not 26.
We are implementing expense controls, took one less exec to each sporting event and rented 1 less $20k a week house at the Masters, Pebble Beach.
Customers aren’t paying their bill on time. Brandon needs to cut taxes. There was an earthquake. A terrible flood. Locusts! It wasn't my fault, I swear to God!
Worker will get paid. Dividend will get paid.
What will Paschal use as an excuse for not meeting the 2Q2023 numbers? More customers not paying their bills on time?
FCF is improving, but that’s just a side effect from projects that are being deferred or cancelled. Wireless subscriber growth is slowing and it doesn’t help that every employee leaving the business typically cancels at least one personal line. Essentially financial Stankey Pankey.
stunki will proclaim that AT&T will become aware very soon...AI
One can only imagine the amount of spin that’s going to come with this one. Can’t wait to see what happens.