AT&T Anticipates Earnings Growth

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anticipated shareholder returns

Associated Press News

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Technology

AT&T sees earnings growth over next 3 years; eyes more than $40B in anticipated shareholder returns

Summary

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82% Informative

AT&T anticipates earnings growth over the next three years thanks to the momentum of 5 G and fiber services.

The company also announced Tuesday that it expects its improved financial performance to support more than $40 billion of anticipated shareholder returns through dividends and stock buybacks over the same time.

The Dallas company said that it's looking to expand its fiber broadband network to more than 50 million locations by the end of 2029 .

It foresees adjusted earnings per share accelerating to double-digit percentage growth in 2027 .

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