https://finance.yahoo.com/news/earnings-preview-t-t-q1-140044122.html
A loss considering who many employees have been lost and how many properties have been sold. Buckle-up, more cuts comming.
11 replies (most recent on top)
“ Get rid of unneeded workers”
That starts at the TOP of the dung heap!
In my neighborhood we have 3 fiber providers, cable and TMobile/Verizon wireless home internet. And att is the most expensive. I think our the gains we report in subscriptions are mostly migrations of existing customers.
We all know that we are hardly profitable. We are saddled with massive debt, we are pricing out our customers, we are being eclipsed by competition, have massive amounts of management redundancy and poor upper management. Dividend payouts are to keep investors happy not a way to measure the health of att. From a 30 year management perspective, I have no clue who is steering this ship or where we are heading for the first time in my career.
*This telecommunications company is expected to post quarterly earnings of $0.52 per share in its upcoming report, which represents a year-over-year change of -5.5%.
It's a reduction in gains, not a loss. They'll be able to pay the dividend.
Get rid of unneeded workers. Right size the company.
Hopefully that means Stankey will set the stock price higher.
Just read the cash flow statement and make note from where the money is coming.
I am hoping that when the stink is voted in as CoB that he will resign as CEO.
Earnings trading is all about expectations and I don't know how any sane person could have anything but dismal expectations of T. The stock may spike just for not mentioning the word bankruptcy on the earnings call.
Betting? Surely you Vest. A loss is a sure thing squiggy.
Your link was missing something - here is the correct one:
https://finance.yahoo.com/news/earnings-preview-t-t-q1-140044122.html