From The Motley Fool · Robert Izquierdo · · 1m
AT&T Beats Earnings, Raises 2026 Profit Outlook
AT&T beats earnings on strong fiber growth, raises 2026 profit outlook.
In brief
AT&T beats earnings on strong fiber growth, raises 2026 profit outlook. AT&T reported record internet net additions and over one million advanced connectivity customer additions for a second straight quarter, raising its 2026 profit outlook while keeping free-cash-flow targets intact. Originally reported by The Motley…
AT&T Earnings Report
AT&T closed at $21.91, down 6.45% after beating estimates with record internet net additions and over one million advanced connectivity customer additions for a second straight quarter.
2026 Profit Outlook Raised
AT&T raised its 2026 profit outlook while keeping free-cash-flow targets intact, though the stock fell due to higher spending needs and SpaceX competition.
SpaceX Competition Threat
SpaceX forged a nationwide low-band spectrum deal with Grain Management, signaling potential direct-to-device phone coverage across the U.S. by Elon Musk.
Mexico Wireless Unit Sale
AT&T agreed to sell its Mexico wireless unit for $2 billion in cash, sharpening its U.S. focus and potentially changing capital-allocation strategy.
At a glance
AT&T reported record internet net additions and over one million advanced connectivity customer additions for a second straight quarter, raising its 2026 profit outlook while keeping free-cash-flow targets intact.
