Despite those video losses and devastation cause by recent hurricanes as well as earthquakes in Mexico,"we are on track", company said, AT&T also reiterated full-year 2017 guidance of mid-single digital adjusted earnings growth, capex in the $22 billion range, and free cash flow at the low end of its $18 billion range. However, damage to its network and other property and the cost to restore services and waived charges are expected to result in a drop of Q3 consolidated revenues of nearly $90 million, with pre-tax earnings of about $210 million (2 cents per diluted share).
“We expect further labor reductions in the fourth quarter as we continue to assess damage to our network and fully restore service,”