(CercleFinance.com) – During a strategic presentation, AT&T confirms its objectives for the current year and announces those for 2023 (on a pro forma basis excluding WarnerMedia and Xandr), including an adjusted EPS of between 2, 50 and 2.60 dollars, as well as an adjusted EBITDA between 43.5 and 44.5 billion.
The telecommunications operator also expects next year to continue to grow revenues “in the low single digit range”, and on capital expenditure of around 24 billion dollars.
AT&T reiterates a free cash flow forecast of around $20 billion in 2023, after a pro forma projection of around $16 billion for the current year and a pro forma FCF of $19.2 billion realized in 2021.
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