AT&T Publishes Q3 2026 Earnings Call Transcript
- AT&T’s October 21, 2026, third-quarter earnings call featured CEO John Stankey, CFO Pascal Desroches, Deputy CFO Jennifer Biry and Brett Feldman.
- Full-year adjusted EPS guidance rose to around $2.40 from $2.25-$2.35, primarily reflecting lower depreciation tied to the Mexico wireless sale.
- Adjusted EBITDA increased 5.4%; full-year growth is now expected in the upper portion of the 3%-4% range.
- Annual capital investment guidance for 2027-2028 fell roughly $1 billion to $22 billion-$23 billion; free cash flow expectations remained unchanged.
- Net debt to adjusted EBITDA rose to 3.13 times from 2.68 times following the $23 billion EchoStar spectrum purchase.
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