What to Expect From AT&T, Inc. in 2018
2017 was a dismal year for AT&T (NYSE: T) investors, who watched their stock drop 14% as the S&P 500 rallied 17%. The stock was weighed down by four straight quarters of year-over-year revenue declines and ongoing losses in video subscribers.
Analysts expect AT&T to finish fiscal 2017 with a 2% sales decline and 3% earnings growth. For 2018, both figures are expected to stay roughly flat. This doesn't make AT&T look like an exciting investment for the foreseeable future, but investors shouldn't overlook the four big moves that it will likely make next year.
Image source: AT&T.
Source: Fool.com
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