AT&T’s free cash flow in 1H 2022 was not even sufficient to cover its dividends.
Smells like further dividend cuts.
17 replies (most recent on top)
With the massive amounts of revenue from wireless and high speed data there is only 1 reason the code is in the soldering - PPM pi-s poor management
The sailor in Manila is gonna to fix the free cash flow problem to make the next quarter a blowout.
I thought 'free cash flow' is what is left after paying all expenses (debts, payroll, bennies, dividends, etc.).......
Is this wrong??
3 words mis manage ment when a buildout is announced the capex is spent like a sailor in Manila, much of it wasted, att will never change
Pascal is incompetent to change guidance so quickly. Now anything he says can’t be trusted.
Employee here, I would like to purchase $1K in T shares. What is a safe price to buy in? I'm thinking of waiting until share price is at $12. Do you think it will get to $12 anytime soon?
response to: Dividend costs T $8B/year and based on Q2 earnings, free cash flow projection was lowered from $16B to $14B for the year… ===================
Debt cost: 5B/year (a guess)
fiber expansion: 3/B/year (a guess)
pay increase: we get stock options instead (again)
I need 4 more years and hope AT&T will last that long
Sounds like the well is starting to run dry. It's too bad that Stankey and Stephenson acted like T had a grove of money trees on Akard. They managed to destroy a 150 year old financially sound company in 15 short years!
Smells like Stankey
I better sell my T stocks and buy GOOG.
Hang on to your shorts, people! T has a very large annual revenue stream and is very capable of paying its dividends as well as its employees. T isn't going anywhere, so have faith...this company has been around since 1876 and will still be in existence long after most of the tenured employees are gone! Hang in there!
AT&T has never incurred the level of debt that Randell and Stankey have bestowed upon the company. Those two are a new weapons grade level of disastrous debt phuckery.
I know that Verizon dumped a lot of their rural and less profitable landlines a long time ago. AT&T still has them. We seem to support a lot of things the other carriers don’t. The fragile and soon to be troublesome FTTP expenditure may bite us in the rear as well. T-Mobile has none of this. Don’t bite the hand that feeds you folks.
Free cash flow is down for both VZ and T. T-Mobile upgraded free cash flow this year.
VZ and T have to subsidize phones and T-Mobile doesn’t. T has way too many outstanding shares, which requires more money to pay the dividend. Until T can reduce their outstanding shares we will continue to be a laggard.
I hate to say it but I see T-Mobile becoming the top wireless company. Everything is setup for T-Mobile to takeover the industry.
Hang on to your shorts, people! T has a very large annual revenue stream and is very capable of paying its dividends as well as its employees. T isn't going anywhere, so have faith...this company has been around since 1876 and will still be in existence long after most of the tenured employees are gone! Hang in there!
Dividend costs T $8B/year and based on Q2 earnings, free cash flow projection was lowered from $16B to $14B for the year…
The savings are in the headcount and benefits!!
The beginning of the end for T as we know it, we’re out of options…….