Financial Performance - AT&T reported $30.2 billion in service revenue for 1Q25, a 1.2% year-over-year increase[21] - The company's free cash flow for 1Q25 was $3.1 billion, excluding DIRECTV[19] - Adjusted EBITDA for 1Q25 reached $11.6 billion, with a margin of 38.3%, representing a 4.4% year-over-year growth[23] - Adjusted EPS, excluding DIRECTV, was $0.48 for 1Q25[25] Subscriber Growth - AT&T gained 324,000 postpaid phone subscribers, bringing the total to 73 million[11] - AT&T Fiber added 261,000 subscribers, reaching a total of 9.6 million[13] - AT&T Internet Air added 181,000 subscribers[39] Segment Performance - Mobility service revenue grew by 4.1% year-over-year[12] - AT&T Fiber revenue experienced a 19.0% year-over-year increase[14] - Business Wireline revenue declined by 9.1% year-over-year[48] Capital Allocation - Net debt was reduced by $9.6 billion year-over-year[62] - Net debt-to-adjusted EBITDA ratio stood at 2.63x[63, 64] - Capital investment amounted to $4.3 billion[65]

分组1 - AT&T reported quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.52 per share, and down from $0.55 per share a year ago, representing an earnings surprise of -1.92% [1] - The company posted revenues of $30.63 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.61% and up from $30.03 billion year-over-year [2] - Over the last four quarters, AT&T has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] 分组2 - AT&T shares have increased approximately 18.4% since the beginning of the year, contrasting with the S&P 500's decline of -10.1% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [4] - The current consensus EPS estimate for the coming quarter is $0.54 on revenues of $30.27 billion, and for the current fiscal year, it is $2.14 on revenues of $123.94 billion [7] 分组3 - The Zacks Industry Rank indicates that the Wireless National industry is in the top 13% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The estimate revisions trend for AT&T is currently mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]

Core Insights - AT&T's Q1 2025 financial results met earnings estimates and slightly exceeded revenue expectations, with revenue of $30.63 billion, a 2% year-over-year increase, and adjusted EPS of $0.51, aligning with market expectations [1][3] Financial Performance - Revenue for Q1 2025 was $30.63 billion, surpassing the forecast of $30.36 billion and increasing from $30 billion in Q1 2024 [3] - Adjusted EPS was $0.51, consistent with analysts' estimates, but down from $0.54 in Q1 2024, reflecting a 6.3% decrease [3] - Net income rose to $4.7 billion, a 23.7% increase from $3.8 billion in Q1 2024 [3] - Free cash flow increased by 10.7% to $3.1 billion compared to $2.8 billion in Q1 2024 [3] Strategic Focus - AT&T is concentrating on enhancing its 5G and fiber optic services, which contributed positively to its performance despite challenges in the Business Wireline segment [2][4] - The company aims to solidify its market position through technological advancements and operational efficiency improvements, with a focus on debt reduction [5] Operational Highlights - AT&T added 324,000 postpaid phone net additions, exceeding the expected 255,000 [6] - Mobility service revenue increased by 4.1% year over year [6] - Consumer broadband revenue grew by 19% to $2.1 billion, driven by fiber optic network expansion [7] - The Consumer Wireline segment reported a 5.1% revenue increase, primarily due to broadband and fiber growth [7] - The Business Wireline segment experienced a 9.1% revenue decline, indicating a shift from legacy services to modern alternatives [8] Future Outlook - Management targets low single-digit growth in consolidated service revenue for the remainder of 2025, with mobility service revenue expected to grow between 2% to 3% [10] - Adjusted EBITDA is projected to grow by 3% or more for the full year, reflecting AT&T's commitment to expanding fiber and 5G capabilities [10] - Anticipated share repurchases in Q2 2025 may indicate a strategic reallocation of resources to enhance shareholder value [11]

AT&T(T.N)2025年Q1营收306亿美元，市场预期303.5亿美元，去年同期300亿美元。 ...

AT&T(T.N)：计划在第二季度开始回购股份。 ...

AT&T(T.N)盘前上涨3.8%。 ...

AT&T(T.N)：预计到2025年资本投资将达到220亿美元左右。 ...

AT&T(T.N)：第一季度新增付费手机用户净增32.4万。 ...

AT&T Inc. Financial Data | Consolidated Statements of | Income | | | | | --- | --- | --- | --- | --- | | Dollars in millions except per share amounts | | | | | | Unaudited | | First Quarter | | Percent | | | | 2025 | 2024 | Change | | Operating Revenues | | | | | | Service | $ | 25,138 $ | 24,842 | 1.2 % | | Equipment | | 5,488 | 5,186 | 5.8 % | | Total Operating Revenues | | 30,626 | 30,028 | 2.0 % | | Operating Expenses | | | | | | Cost of revenues | | | | | | Equipment | | 5,694 | 5,143 | 10.7 % | | Othe ...

Company reiterates full-year 2025 financial and operational guidanceDALLAS, April 23, 2025 /PRNewswire/ -- AT&T Inc. (NYSE: T) reported solid first-quarter results that again showcase its ability to grow the right way with high-quality, profitable 5G and fiber subscriber additions. The Company reiterates all 2025 full-year financial and operational guidance. Based on the reduction in net debt and the Company's outlook, AT&T is operating within its net leverage target of net debt-to-adjusted EBITDA* in the 2 ...