AT&T Sees Certain Trends Affecting 3Q; Affirms Cash Flow, Leverage Goals
12 September 2019 - 8:20AM
Dow Jones News
By Josh Beckerman
AT&T Inc. (T) expects trends including lower
wireless-equipment revenue to affect third-quarter results.
The company continues to expect free cash flow in the $28
billion range for full-year 2019.
AT&T said that "given the company's confidence in reaching
its leverage target, investors should expect share buybacks will be
in the mix this year."
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
September 11, 2019 18:05 ET (22:05 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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