FMP
Apr 24, 2024 3:39 PM - Davit Kirakosyan
AT&T (NYSE:T) reported its first-quarter earnings that exceeded analyst expectations, despite a slight shortfall in revenue.
In fiscal Q1/24, AT&T recorded an earnings per share (EPS) of $0.55, surpassing the analyst consensus of $0.53. The company's revenue for the quarter reached $30 billion, falling just below the anticipated $30.53 billion.
The report detailed that while total service revenues increased by $225 million, equipment revenues dropped by $336 million. Notably, mobility service revenues grew by 3.3%, and broadband revenues saw a 7.7% rise, largely due to the expansion of fiber services.
AT&T's adjusted EBITDA for the quarter stood at $11 billion, a 3.8% increase from the previous year and higher than the expected $10.89 billion. The company mentioned that the adjusted EPS included an approximate $0.11 impact from various factors including higher depreciation, non-cash pension and post-retirement costs, lower capitalized interest, and reduced equity income from DIRECTV. Looking ahead, AT&T maintained its full-year guidance for adjusted EPS to range between $2.15 and $2.25.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...