FMP
Apr 24, 2024 3:39 PM - Davit Kirakosyan
AT&T (NYSE:T) reported its first-quarter earnings that exceeded analyst expectations, despite a slight shortfall in revenue.
In fiscal Q1/24, AT&T recorded an earnings per share (EPS) of $0.55, surpassing the analyst consensus of $0.53. The company's revenue for the quarter reached $30 billion, falling just below the anticipated $30.53 billion.
The report detailed that while total service revenues increased by $225 million, equipment revenues dropped by $336 million. Notably, mobility service revenues grew by 3.3%, and broadband revenues saw a 7.7% rise, largely due to the expansion of fiber services.
AT&T's adjusted EBITDA for the quarter stood at $11 billion, a 3.8% increase from the previous year and higher than the expected $10.89 billion. The company mentioned that the adjusted EPS included an approximate $0.11 impact from various factors including higher depreciation, non-cash pension and post-retirement costs, lower capitalized interest, and reduced equity income from DIRECTV. Looking ahead, AT&T maintained its full-year guidance for adjusted EPS to range between $2.15 and $2.25.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...