AT&T Q4 adjusted EPS $0.61 beats year-ago; $3.20 GAAP loss from $26.8B impairment

AT&T INC.

2022-FY EPS reported -$1.13 revenue$120,741,000,000

Reported GAAP EPS from continuing ops $(3.20) due to $26.8B non-cash impairments; adjusted EPS $0.61.
Q4 revenue $31.3B (+0.8% YoY); domestic wireless service rev +5.2%, consumer broadband +7.2%.
Postpaid phone net adds 656K in Q4, 2.9M for full year; AT&T Fiber net adds 280K Q4, 1.2M full year.
Full-year free cash flow $14.1B; capex $19.6B; cost savings >$5B of $6B+ target achieved.
Dividend reduced: Q4 declared $0.2775 per share ($1.11 full year vs $2.08 prior year).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AT&T INC. reported full year 2022 results: revenue $120.7 billion, EPS ($1.10).

Period: full year 2022
Revenue: $120.7 billion
EPS: ($1.10)
Result: reported results

Exact text from the filing

Full-Year Consolidated Results • Revenues from continuing operations of $120.7 billion • Reported EPS from continuing operations of ($1.10) 2 due to non-cash charges

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AT&T INC. reported the fourth quarter of 2022 results: revenue $31.3 billion, EPS $(3.20).

Period: the fourth quarter of 2022
Revenue: $31.3 billion
EPS: $(3.20)
Result: reported results

Exact text from the filing

Fourth-Quarter Consolidated Results • Revenues from continuing operations 1 of $31.3 billion • Reported EPS from continuing operations of $(3.20) 2 due to non-cash charges compared to $.66 in the prior year

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AT&T INC. filing history →

Source: SEC EDGAR

accession 0000732717-23-000007

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