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Strategies & Market Trends : Dividend investing for retirement

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To: robert b furman who wrote (33099)	10/22/2020 1:22:59 PM
From: CusterInvestor	Read Replies (1) of 34328

One has to wonder how analysts could be so far off the mark on subscribers: AT&T Inc (T): The company reported the coronavirus pandemic had taken a heavy toll on its media business, but quarterly results were offset by stronger than expected gains in new phone subscribers lifted by offers for its HBO Max streaming service for free on certain phone plans, which helped AT&T beat revenue expectations Total revenue was $42.3 billion during the third quarter, exceeding the average analyst expectation of $41.59 billion The company added 645,000 net new phone subscribers during the quarter who pay a recurring monthly bill Analysts had expected AT&T to lose a net 9,000 customers, according to research firm FactSet

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