AT&T (T) reported mixed fourth-quarter results, beating expectations for mobile phone subscriber additions but providing a full-year earnings outlook that fell short of forecasts. The telecommunications company projects 2024 adjusted EPS of $2.15-$2.25, below the $2.44 consensus, weighing on shares in the pre-market session. Yahoo Finance's Seana Smith and Brad Smith break down the details of this trending ticker. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith.
AT&T (T) reported mixed fourth-quarter results, beating expectations for mobile phone subscriber additions but providing a full-year earnings outlook that fell short of forecasts. The telecommunications company projects 2024 adjusted EPS of $2.15-$2.25, below the $2.44 consensus, weighing on shares in the pre-market session.
Yahoo Finance's Seana Smith and Brad Smith break down the details of this trending ticker.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Angel Smith.
The Wall Street Journal
↗️ [**Netflix (NFLX)**](https://www.wsj.com/market-data/quotes/US/XNAS/NFLX): The streaming giant said it added 13.1 million subscribers in the last three months of 2023—the [strongest final quarter ever](https://www.
Barrons.com
AT&T reported fiscal fourth-quarter earnings below Wall Street expectations, but revenue came in above the consensus and the company added more customers than had been forecast. AT&T reported adjusted earnings of 54 cents a share, below analysts’ estimates of 56 cents a share and down from last year’s 61 cents a share. Revenue for the quarter of $32 billion was above Wall Street expectations of $31.46 billion and a slight increase from last year’s revenue of $31.34 billion.
The Wall Street Journal
AT&T continued gaining subscribers for its core cellphone business in the last three months of 2023, lifting revenue and spurring the company to guide for another year of free cash flow growth. However, the company’s adjusted earnings outlook for 2024 fell short of Wall Street analysts’ expectations.
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