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AT&T raises 2026 EPS outlook as fiber expansion remains on track to 60M locations by 2030

Oct 21, 2026, 6:43 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Positive revision of 2026 EPS, strong Advanced Connectivity metrics, and a clear fiber expansion path support near-term upside. The major overhangs are impairment charges and high debt, but cash flow strength and buyback guidance help valuation support.

AI summary

What happened, with direct paths to the underlying reporting

AT&T posted a solid Q3 2026, driven by Advanced Connectivity momentum and converged services. Revenue rose 5.3% to $32.3B with adjusted EPS of $0.65, and management raised the 2026 outlook while keeping a long-term fiber expansion plan on track to 60 million locations by 2030. The results highlight durable cash flow and share repurchases, despite legacy-decommissioning headwinds.

AT&T Q3 2026: 1M+ Advanced Connectivity adds; fiber and fixed wireless drive growth.
Reaffirms 60M fiber locations by 2030; lowers long-term capex guidance.
Adjusted EPS guidance Raised for 2026; net debt remains high with impairment charges.
Lumen fiber acquisition and Mexico wireless sale update referenced in results.

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