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Stock impact report

AT&T: Pain Leads To Recalibration [Seeking Alpha]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
Company Research Source: Seeking Alpha
SummaryTimes are tough right now, and even AT&T is feeling it.The company experienced some pain in the latest quarter, causing management to recalibrate expectations.The parts of the business you would expect to perform poorly did, while the gems in the firm fared quite well.This short-term pain won't last forever.first quarterThings could have been betterAs I wrote in aprior articletwice this sizeWhile investors should trust what management says, it’s also important to remain open-minded about a blanket statement like the crisis causing a roughly $600 million hit to the firm. After all, while direct effects are easy to estimate most of the time, there are secondary effects to take into consideration. As an example, there are multiple ‘legacy’ businesses operating under the AT&T banner. Some of these have been in decline for years now and while some impact may have come to them from the crisis directly, it’s possible that legacy declines might accelerate due to economic conditions. Fi Show less Read more
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