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Pascal Desroches to Update Shareholders at Deutsche Bank Media, Internet & Telecom Conference on March 11
AT&TAT&T(US:T) Prnewswireยท2025-03-10 20:40

Core Insights - AT&T's CFO will discuss the company's multi-year strategic growth plan at the Deutsche Bank Media, Internet & Telecom Conference [3] - The company is on track to meet its 2025 consolidated financial guidance and multi-year outlook [4][12] Financial Performance - AT&T expects full-year adjusted EPS of $1.97 to $2.07 and first-quarter adjusted EPS of approximately $0.48 or higher, consistent with or better than the first quarter of 2024 [6] - The company anticipates full-year free cash flow of over $16 billion and first-quarter free cash flow of approximately $2.8 billion or higher, also consistent with or better than the first quarter of 2024 [7] - AT&T expects to receive approximately $1.4 to $1.5 billion in cash payments from DIRECTV related to the sale of its 70% stake, with total after-tax cash payments expected to be $5.4 billion in 2025 [8] Strategic Initiatives - The company is focused on becoming the best connectivity provider in America, emphasizing customer-first strategies and continued network investment [12] - AT&T aims to achieve a net leverage target of net-debt-to-adjusted EBITDA in the 2.5x range in the first half of 2025 and maintain this leverage through 2027 [9]