AT&T American Telephone and Telegraph (ATT) NYSE: T telekom, media

[slayer74]

Buy AT&T Stock Ahead of Q1 Earnings Despite Coronavirus Concerns?

https://www.investing.com/analysis/buy- ... -200521968

[slayer74]

AT&T Earnings Miss On Coronavirus Impact, 2020 Guidance Withdrawn

AT&T earnings, including a 5-cent per-share profit hit from the coronavirus emergency, and revenue missed first-quarter analyst estimates. AT&T stock edged up early Wednesday as wireless postpaid phone subscriber growth came in above views while pay-TV losses continued.

The telecom and entertainment giant also withdrew 2020 guidance. AT&T (T) stock edged up 0.7% to near 30 in early trading on the stock market today.

"We have a strong cash position, a strong balance sheet, and our core businesses are solid and continue to generate good free cash flow — even in today's environment," said CEO Randall Stephenson in a release. "In light of the pandemic's economic impact, we've already adjusted our capital allocation plans and suspended all share retirements. As a result, we're able to continue investing in critical growth areas like 5G, broadband and HBO Max."

AT&T earnings fell 2% to 84 cents an adjusted share including the impact of the coronavirus emergency, the company said. Excluding the coronavirus business impact, EPS would have been 89 cents a share. Revenue fell 4.5% to $42.8 billion.

Analysts expected AT&T earnings of 85 cents a share on revenue of $44.21 billion for the period ended March 31.
...
https://www.investors.com/news/technolo ... us-impact/

[slayer74]

AT&T (T) named John Stankey as its new chief executive effective July 1, replacing Randall Stephenson, who will retire. AT&T stock was flat on the news.

Stephenson will serve as executive chairman of the Board of Directors until January 2021 and then leave that position. AT&T announced the move at its annual shareholders meeting.

Stankey, 57, has served as president and chief operating officer since October 2019. Stankey joined AT&T in 1985. He also served as CEO of WarnerMedia after AT&T bought Time Warner.

Activist investor Elliott Management last year pressured the telecom and media conglomerate to make management changes. In September 2019, Elliott Management disclosed a $3.2 billion stake in AT&T.

AT&T stock was flat near 29.50 on the stock market today.

AT&T Stock: Stankey Stephenson's Preferred Successor
Stephenson agreed to stay on through at least 2020, and separate the CEO and chairman roles when he leaves. AT&T also released a new capital allocation plan in response to pressure from Elliott Management.

Stankey was Stephenson's preferred successor, according to reports last year.

Stephenson has been AT&T's chairman and CEO since 2007.

AT&T acquired Time Warner for $85 billion in 2018. It bought DirecTV for $49 billion in 2015. The DirecTV deal has been criticized amid growing losses of pay-TV subscribers.

https://www.investors.com/news/technolo ... on-leaves/

[slayer74]

AT&T zamierza sprzedać oddział Warner?
Według raportu CNBC, AT&T (NYSE: T) prowadzi rozmowy na temat sprzedaży oddziału Warner Bros. Interactive Entertainment, który zajmuje się grami wideo. Transakcja może opiewać na 4 mld dolarów. Giganci gier wideo, tacy jak Take-Two Interactive Software (NASDAQ: TTWO), Electronic Arts (NASDAQ: EA) i Activision Blizzard (NASDAQ: ATVI) wszyscy wyrazili zainteresowanie zakupem działu gier giganta, jak podaje raport, choć nie ma pewności, że dojdzie do jakakolwiek transakcji. AT&T nabyła Time Warner za 109 mld dolarów w 2018 roku

https://www.paszport.ws/newsfeed

[slayer74]

EPS / Forecast
0.83 / 0.79

Revenue / Forecast
40.95B / 41B

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AT&T Stock Lacks A Boost From HBO Max Video Streaming Launch

AT&T's (T) launch of the HBO Max streaming service won mixed reviews from analysts following its second-quarter earnings report. While Walt Disney's (DIS) rollout of a streaming service lit a fire under its shares last year, that's not the case for AT&T stock so far.

HBO Max ended the June quarter with 36.3 million U.S. subscribers, up 1.7 million from what the predecessor HBO app had at the end of 2019.

Meanwhile, the Disney+ streaming service has amassed more than 54.5 million subscribers. Apple (AAPL) TV+ has attracted an estimated 10 million to 33 million subscribers, most of whom are on free trials since it launched in November. Comcast (CMCSA) recently launched its free, advertising-supported Peacock service.

AT&T acquired HBO-parent Time Warner in 2018. Meanwhile, AT&T stock has been lethargic since the launch of HBO Max.

"We had high hopes for AT&T with the HBO Max, but the relative lack of distribution capability has limited its uptake," Raymond James analyst Frank Louthan said in a report to clients.

HBO Max and the others compete with incumbent video streaming services, such as Netflix (NFLX), Hulu and Amazon.com's (AMZN) Prime Video.

AT&T Stock: HBO Max Launch 'Inauspicious'?
He added: "We believe fighting with the dominant streaming platforms (Roku (ROKU) and Amazon Firestick) will continue to restrict HBO Max expansion." Overall, Louthan called the HBO Max launch "disappointing."

Craig Moffett, AT&T stock analyst at MoffettNathanson, said HBO Max has "cleared the bar of growing nicely past the baseline of prelaunch regular HBO subscriptions."

But he added that HBO Max, "supposedly the salvation of an otherwise hemorrhaging WarnerMedia segment, has gotten off to a rather inauspicious start."

WarnerMedia's second-quarter revenue fell nearly 23% to $6.8 billion amid an advertising drop at Turner broadcasting and delayed movie releases.

AT&T Retreats Despite Dividend
AT&T stock rose 0.6% to near 30 in early trades on the stock market today. Shares have retreated over 22% this year, despite a 7% dividend. While Disney stock gained last year amid the video streaming launch, shares have been pressured in 2020 amid theme park closing and the Covid-19 lockdown.

Amid the coronavirus lockdown, all video streaming providers have shut down production of original content. That will impact them next year if the lockdown continues, analysts say.

At William Blair, AT&T stock analyst Jim Breen said the company's new service has made progress.

"AT&T will continue to invest in critical growth areas like 5G, broadband, and HBO Max," he said. " The HBO Max product launch at the end of May was successful and the company now has 36.3 million HBO subscribers, up from 34.6 million a year ago."

https://www.investors.com/news/technolo ... ax-launch/

[slayer74]

Undervalued Dividend Growth Stock of the Week: AT&T (T)



https://dailytradealert.com/2020/08/16/ ... eek-att-t/
https://www.youtube.com/watch?v=QzBF1m6QhJ4

[slayer74]

AT&T zobowiązuje się do osiągnięcia neutralności emisyjnej do 2035 r.

Spółka AT&T (NYSE: T) ogłosiła w czwartek, że zobowiązuje się do osiągnięcia neutralności pod względem emisji dwutlenku węgla we wszystkich swoich globalnych działaniach do 2035 roku. Gigant telekomunikacyjny powiedział również, że rozszerzy swoje narzędzie do analizy zmian klimatycznych w USA (ang. Climate Change Analysis Tool), aby zidentyfikować potencjalny wpływ zmian klimatycznych na sieć i działalność operacyjną, do 30 lat w przyszłości. AT&T twierdzi, że osiągnie etap 1 i 2 w zakresie redukcji emisji, co oznacza roczny ekwiwalent zużycia energii elektrycznej odpowiadający 1 104 036 domom, poprzez skupienie się na 6 kluczowych inicjatywach. Te 6 inicjatyw obejmują wirtualizację funkcji sieciowych, przejście na niskoemisyjną flotę samochodową, przyspieszenie działań w zakresie efektywności energetycznej i optymalizacji sieci, rozwój zrównoważonej produkcji filmowej i telewizyjnej, zakup energii odnawialnej oraz inwestycje w projekty rekompensujące emisje gazów cieplarnianych. Dyrektor generalny AT&T, John Stankey, powiedział: "Nasza sieć jest co roku wystawiana na testy związane ze zmianami klimatu i katastrofami naturalnymi. Zdajemy sobie sprawę z długofalowego wpływu, jaki mogą mieć te zobowiązania i uważamy, że jesteśmy to winni milionom klientów, którzy polegają na naszych usługach, aby stworzyć najbardziej prężny i zrównoważony biznes, jaki możemy". W południe akcje AT&T spadły o 0,6% do 29,10 USD za sztukę.

https://www.paszport.ws/newsfeed

[slayer74]

KeyBanc Downgrades AT&T (T) to Underweight

On Sunday, Analysts at KeyBanc downgraded shares of AT&T (T) to Underweight from Sector Weight, with a Price Target of $25. The $25 price target represents downside from the stock's current price and is based on 6.2x analysts 2021 adjusted EBITDA estimates. The analysts see a tough road ahead for the company, as the struggles continue to grow for T and the business growth has slowed. Analysts revenue and adj. EBITDA estimates are 1.5% and 5.9% lower than consensus in 3Q, respectively, due to a variety of factors, most notably in Warner Media where analysts expect the combination of return to sports and added expense associated with HBO Max to impact profitability.

The analysts point to a variety of factors expected to impact profitability, including Mobility revenue, Entertainment revenue, and the aforementioned WarnerMedia operation. New competition from cable company MVNOs and T-Mobile are expected to hurt T’s mobility segment with subscriber growth having slowed. Analysts see T as also being a share donor in the competition for 5G to the company's detriment, which suggests wireless service revenues are unlikely to recover in the near term. COVID-19 is also impacting cellular roaming revenue and should continue to until customers return to traveling.

In the Entertainment segment, cord-cutting is pressuring subscribers, and programming costs continue to rise, both of which are pressuring profitability. While T is expecting the Entertainment segment's margins to stabilize in 2020, analysts believe continued pressure will occur given the shift of high-margin DIRECTV customers toward low-margin AT&T TV Now and general loss of subscribers.

Anecdotally, I have friends who have not paid a penny for PPV or specialized streaming events, due to cord cutting, so the concerns are real.

WarnerMedia especially has a difficult road ahead with analysts suggesting advertising likely to be weak in the near term. In addition, analysts see accelerating PayTV subscriber losses as a challenge for Turner. Analysts also expressed concern with HBO Max, suggesting it is unlikely to drive upside relative to consensus, and mentioning Warner Bros. has a long and difficult road to recovery.

Analysts lowered expectations across the board for T’s sectors, mentioning in the note, “We are lowering our Postpaid phone-only ARPU by $0.27 to $54.88. We are also lowering our Total video subscriber net additions to -1.1M from -900K. We expect industry wide video subscriber losses to be modestly worse, which drives our Turner subscription estimates lower. Our 2020 revenue and EBITDA estimates move lower by $407M and $180M, respectively, as a result of these changes.”

Analysts' concerns point to investor worries and concerns. Some of those worries include T’s previously thought solid dividend yield. Some investors are concerned that T's dividend yield has lagged pertaining to some of the huge media deals the company has executed. Mr. John Stankey, who took over as chief executive this summer, is working to convince investors that the deal making executives pursued to fortify AT&T in lean times won’t end up weighing it down. The CEO urged patience in a recent interview with The Wall Street Journal, saying that some of the company’s bets will take years to pay off but were the right choices long-term.

Disclosure: At the time of publication, I am long T (At&t). I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for creating this article (other than from TheStreet) and have no business relationship with any company whose stock is mentioned in this article.

https://www.thestreet.com/streetlightni ... nderweight

[slayer74]

AT&T [T] Earnings
Latest Release
Oct 22, 2020

EPS / Forecast
0.76 / 0.76

Revenue / Forecast
42.34B / 41.6B

[slayer74]

AT&T Has The Most Disappointing Big Company Stock This Year
Douglas A. McIntyre
October 24, 2020 8:49 am
AT&T Inc’s (NYSE: T) stock has posted the worst performance of any large-cap company this year. It is off by 27% in 2020, which is more than any stock among the 50 public corporations with the highest market capitalizations. Over the same period, the S&P 500 is higher by 7%.

The AT&T drop is staggering compared to the top five company’s based on market capitalization. Apple Inc’s (NASDAQ: AAPL) shares are higher by 89%. Microsoft Corp’s are up 58%. Amazon.com Inc.’s (NASDAQ: AMZN) is up 82%. Alphabet Inc (NASDAQ: GOOGL) shares are up by 29%. Facebook, Inc.’s (NASDAQ: FB) are higher by 53%.

Total operating revenue fell by 5% $42.3 billion in the most recent quarter, compared to the same quarter last year. EPS dropped 22% to $.39 for the same period. Long term debt is a massive $153 billion.

And, the stock continues to fall despite an impressive dividend yield of 7.48% on a payout of $2.08.

https://www.investing.com/portfolio/?po ... Nj4zYDY%3D

[slayer74]

Najbogatszy człowiek świata Jeff Bezos może być zainteresowany przejęciem telewizji CNN, obecnie należącej do koncernu AT&T - twierdzi Charles Gasparino, dziennikarz Fox Business. Jego doniesienie zelektryzowało Wall Street, ale budzi równie dużo wątpliwości i sceptycyzmu, co ekscytacji.

- Jeff Bezos jako najbogatszy człowiek świata posiada już w swoim portfolio gazetę "The Washington Post", nieprzychylną Donaldowi Trumpowi
- Również CNN jest raczej nieprzychylny prezydentowi USA i Republikanom
-Plotka o kupnie CNN przez Bezosa jest jednak co najmniej wątpliwa
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https://businessinsider.com.pl/media/tv ... et/e79twnh

[slayer74]

Spółka AT&T (NYSE: T) opublikowała przed otwarciem sesji wyniki finansowe za trzeci kwartał, które okazały się w większości pozytywne. Przychody firmy w wysokości 42,3 mld USD spadły w porównaniu rok do roku o 5,1%, ale przekroczyły konsensus Wall Street o 750 mln USD. Zysk AT&T na akcję non-GAAP w wysokości 0,76 USD również był zgodny z szacunkami, ale zysk GAAP na akcję w wysokości 0,39 USD był niższy od oczekiwań o 0,12 USD. „Za nami dobry kwartał. Odnotowaliśmy dobrą dynamikę wśród subskrybentów w obszarach, na których koncentrujemy się na łączności i rozrywce opartej na oprogramowaniu” – stwierdził w komunikacie dyrektor generalny spółki, John Stankey. „Wzrost w zakresie abonamentów bezprzewodowych był największy od lat, z milionem nowych klientów netto, w tym z 645 000 telefonów. Dodaliśmy ponad 350 000 klientów usług światłowodowych i jesteśmy na dobrej drodze, aby w tym roku zwiększyć naszą bazę światłowodową o ponad 25%. Ciągle się rozwijamy i skalujemy HBO Max, z łączną liczbą 38 mln abonentów HBO i HBO Max w kraju – znacznie wyprzedzającą nasze oczekiwania na cały rok. Silne przepływy pieniężne w tym kwartale pozwalają nam kontynuować inwestycje w obszarach wzrostu i spłacać zadłużenie. Obecnie spodziewamy się, że w 2020 r. wolne przepływy pieniężne wyniosą 26 mld USD lub więcej, a wskaźnik wypłaty dywidendy za cały rok osiągnie ponad 50%”. Na tę chwilę firma nie przedstawiła dalszych prognoz.

https://www.paszport.ws/newsfeed

[slayer74]

AT&T CEO Stankey to leave UPS board

United Parcel Service Inc. UPS, +1.63% said late Tuesday that AT&T Inc. T, +1.33% Chief Executive John Stankey has left the logistics company's board "to focus on his responsibilities" at AT&T. Stankey had served on the board since 2014. Joining UPS board are Microsoft Corp. MSFT, +2.62% President Kate Johnson and General Electric Co.'s GE, +1.52% GE Aviation Services Chief Executive Russell Stokes, UPS said. Shares of UPS gained 0.3% in the extended session Tuesday after ending the regular trading day up 2.5%.

https://www.marketwatch.com/story/att-c ... 2020-11-03

[slayer74]

Amerykańskie spółki dywidendowe (cz.6)

BY BARTAS_GDA · 2 KWIETNIA 2020 12:37
https://gpwatak.pl/analiza-fundamentaln ... dowe-cz-6/