Checkout Zacks headline, are the hight on d--gs or paid by AT&T?
3 replies (most recent on top)
@tyx, well here’s the thing, if the LA Times actually printed that, their not wrong. Consensus on the Street, for earning only, was $0.85...T covered with $0.86 which goes into the calculation for Cash Flow we all hear about.
OP, the Wall Street consensus is that T is a "Hold" overall. In todays technology of iPads, iPhone, texts emails etc.....there are no secrets any longer, nowhere to hide and pretty much no backdoor conspiracy’s between analysts and the company they cover.
Could it happen, yes. Was it a much larger problem in years past, it certainly was. Nowadays, a bad analysis by a Financial corporate will lose business in a hurry, and bad news travels extremely fast.
They’re not perfect, but accuracy is their Lifeblood.
Some media headlines got it right and tell the truth:
AT&T's streaming live TV service is bleeding subscribers as it prepares to take on more competition from Disney and Apple
AT&T's DirecTV Now is losing the cord cutters
AT&T Trips Up in Phone, Pay-TV Services as It Chases Media Dream
AT&T Stock Falls As Telecom Giant's Revenue Misses Expectations
Same reason LA times article says AT&T fourth-quarter earnings surpass Wall Street expectations...BS
https://www.latimes.com/business/la-fi-att-earnings-20190130-story.html