AT&T gains as annual profit forecast exceeds expectations

Shares of telecom firm AT&T T.N up 4.1% at $23.95 premarket, after co forecasts annual profit above expectations

Co expects adj profit between $2.25 and $2.35 per share in 2026, above expectations of $2.21, according to data compiled by LSEG

Expects 2028 free cash flow to be more than $21 bln, compared with analysts' average estimate for $19.61 bln

Adds 283,000 fiber customers in Q4, above 272,320 expected by analysts at Visible Alpha.

Adds 421,000 postpaid phone subscribers in Q4, compared with 421,510 additions expected by analysts from Visible Alpha.

Stock rose 9.1% in 2025