uploads///Telecom ATT Q Adjusted EPS Guidance

AT&T’s 2018 Outlook

By

Apr. 19 2018, Updated 9:01 a.m. ET

AT&T’s outlook on consolidated results for 2018

AT&T (T), the second-largest wireless service provider in the United States, expects adjusted EPS (earnings per share) of $3.50 for 2018 on a stand-alone basis. That includes any impacts of tax reforms as well as the new revenue recognition standard.

AT&T expects FCF (free cash flow) and capex (capital expenditure) of $21 billion and $25 billion, respectively, in 2018. Its effective tax rate is expected to be 23% in 2018. The lower tax rate is expected to grow cash from operations by $3 billion in 2018 compared to pre-tax reform expectations.

Wall Street analysts anticipate AT&T’s adjusted EPS to increase 13.4% on a YoY (year-over-year) basis to $3.46 in 2018 compared to $3.05 a year ago in 2017.

Article continues below advertisement

About AT&T

As of the end of 4Q17, Verizon (VZ) is the largest player in the US wireless industry by subscribers. In this market, AT&T was the second-largest, T-Mobile (TMUS) was the third-largest, and Sprint (S) was the fourth-largest player by subscribers at the end of the same quarter.

Be sure to check out all the data we’ve added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, historical data, and dividend information. Take a look!

Advertisement

More From Market Realist

  • Honeywell sign
    Earnings Report
    CNBC Pro Stocks to Buy Before Q1 Earnings
  • Men walking by Morgan Stanley headquarters
    Financials
    Morgan Stanley’s (MS) Stock Forecast Before Q1 Earnings
  • Carnival cruise ship sailing
    Consumer
    Carnival's (CCL) Stock Forecast Before Q1 Business Update
  • GameStop store
    Consumer
    GME's Earnings Are Coming: Will It Be Mayday for Shorts or WallStreetBets?
  • CONNECT with Market Realist
  • Link to Facebook
  • Link to Twitter
  • Link to Instagram
  • Link to Email Subscribe
Market Realist Logo
Do Not Sell My Personal Information

© Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.