AT&T Delivered A Double Beat, And The Lumen Integration Is Ahead Of Schedule
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Steven Fiorillo41.59K FollowersFollow5ShareSavePlay(15min)CommentsFollow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock newsSummaryAT&T delivered a Q1 revenue beat, double-digit adjusted EPS growth, and reaffirmed $18B+ FCF guidance, highlighting operational momentum.T is executing on fiber expansion, integrating Lumen ahead of schedule, and targeting 60 million fiber locations by 2030, supporting long-term growth.The stock trades at compelling multiples with a 4.24% yield, a sustainable 44% FCF payout ratio, and significant EPS growth projected through 2028.Potential Fed rate cuts could structurally reduce interest expense, further expanding T's margins and profitability over the medium term. jetcityimage/iStock Editorial via Getty Images AT&T (T) is setting the tone with the offense in 2026 as they delivered a Q1 revenue beat of $260 million after posting $31.5 billion, which was an increase of 2.8% YoY. There is a lot toThis article was written bySteven Fiorillo41.59K FollowersFollowI am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking AlphaAnalyst’s Disclosure: I/we have a beneficial long position in the shares of T, VZ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclaimer: I am not an investment advisor or professional. This article is my own personal opinion and is not meant to be a recommendation of the purchase or sale of stock. The investments and strategies discussed within this article are solely my personal opinions and commentary on the subject. This article has been written for research and educational purposes only. Anything written in this article does not take into account the reader’s particular investment objectives, financial situation, needs, or personal circumstances and is not intended to be specific to you. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters. Just because something may be an enticing investment for myself or someone else, it may not be the correct investment for you.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.