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AT&T sees FY25 adjusted EPS $1.97-$2.07, consensus $2.18

Sees FY25 adjusted EBITDA up at least 3%. Sees FY25 consolidated service revenue up low-single-digits. Sees FY25 capital investment $22B. Sees FY25 free cash flow at least $16B. The company said, “The Company also expects to achieve net-debt-to-adjusted EBITDA* in the 2.5x range in the first half of 2025. Additionally, the Company continues to expect the sale of its entire 70% stake in DIRECTV to TPG to close in mid-2025.”

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