Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  AT&T Inc.    T

AT&T INC.

(T)
  Report
Delayed Quote. Delayed Nyse - 04/07 04:10:00 pm
30.08 USD   +2.17%
01:41pAT&T : Says It Has All the Cash It Needs to Handle Downturn
DJ
11:41aAT&T : CNN Buys Canopy, Maker of News Reader App
DJ
10:16aAT&T : CNN Buys Canopy, Maker of News Reader App
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Time Warner revenue beats on strong growth in Turner

share with twitter share with LinkedIn share with facebook
share via e-mail
04/26/2018 | 08:36am EDT
FILE PHOTO: A Time Warner logo is seen at a Time Warner store in New York City

(Reuters) - Time Warner Inc, which is being bought by AT&T Inc, reported a better-than-expected quarterly revenue on Thursday as the airing of the college basketball games helped Turner attract advertisers.

(Reuters) - Time Warner Inc, which is being bought by AT&T Inc, reported a better-than-expected quarterly revenue on Thursday as the airing of the college basketball games helped Turner attract advertisers.

Revenue from Turner rose 10 percent to $3.34 billion, beating analysts' estimate of $3.29 billion, according to Thomson Reuters I/B/E/S.

The company said the increase in advertising revenue was mainly due to the airing of the final four games of the NCAA Men's Basketball Tournament on Turner.

Like other media companies, Time Warner has been struggling to keep viewers hooked to its channels as they flock to online streaming services such as Netflix Inc and Amazon.com Inc Prime, which in turn is taking a toll on the ad revenue.

Warner Bros revenue fell 4 percent to $3.2 billion, primarily due to weakness in its television and theatrical businesses, the company said in a statement.

Net income attributable to shareholders increased to $1.64 billion, or $2.07 per share, in the first quarter ended March 31, from $1.42 billion, or $1.80 per share, a year earlier.

Revenue rose 3 percent to $8 billion.

The company's shares fell about 1 percent in premarket trading on Thursday.

(Reporting by Shariq Khan in Bengaluru; Editing by Sriraj Kalluvila)

Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. 0.70% 2011.6 Delayed Quote.8.10%
AT&T INC. 2.17% 30.08 Delayed Quote.-24.67%
NETFLIX, INC. -2.02% 372.28 Delayed Quote.17.43%
THOMSON REUTERS CORPORATION -1.51% 95.39 Delayed Quote.0.97%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on AT&T INC.
01:41pAT&T : Says It Has All the Cash It Needs to Handle Downturn
DJ
11:41aAT&T : CNN Buys Canopy, Maker of News Reader App
DJ
10:16aAT&T : CNN Buys Canopy, Maker of News Reader App
DJ
10:06aAT&T : to Hold Annual Meeting of Stockholders via Webcast
BU
09:31aAT&T : and Brain Corp to Enable Autonomous Robots
PR
09:31aAT&T : XENEX Uses AT&T Connectivity to Help Destroy Viruses, Bacteria & Spores
PR
07:58aAT&T : Boosts Liquidity With $5 Billion Term-Loan
DJ
07:00aAT&T : Provides Financial Update
AQ
06:48aAT&T INC. : Entry into a Material Definitive Agreement, Creation of a Direct Fin..
AQ
04/02AT&T : RingCentral Enhances AT&T Office@Hand with New Video Solution
BU
More news
Financials (USD)
Sales 2019 181 B
EBIT 2019 30 388 M
Net income 2019 16 227 M
Debt 2019 155 B
Yield 2019 6,81%
P/E ratio 2019 13,7x
P/E ratio 2020 11,5x
EV / Sales2019 2,05x
EV / Sales2020 2,01x
Capitalization 216 B
Chart AT&T INC.
Duration : Period :
AT&T Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AT&T INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 33
Average target price 37,15  $
Last Close Price 30,08  $
Spread / Highest target 56,3%
Spread / Average Target 23,5%
Spread / Lowest Target -33,5%
EPS Revisions
Managers
NameTitle
Randall L. Stephenson Chairman & Chief Executive Officer
John T. Stankey President & Chief Operating Officer
John J. Stephens Chief Financial Officer & Senior Executive VP
Laura D'Andrea Tyson Independent Director
Matthew K. Rose Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AT&T INC.-24.67%209 090
CHINA MOBILE LIMITED1.08%152 284
NTT DOCOMO, INC.-0.16%102 153
SOFTBANK GROUP CORP.-1.71%72 921
T-MOBILE US9.78%71 897
KDDI CORPORATION2.01%68 184