Friday, October 13, 2017

AT&T: Pay-TV Problems Mount

AT&T warned on Q3 results due to hurricanes.
The company provided a secondary nugget that the pay-TV business faced even greater cord-cutting pressure.
Investors should expect 2018 EPS cuts.
Hidden within a warning for Q3 earnings, AT&T (T) detailed more weakness in the pay-TV segment. My research previously warned investors of troubles ahead as the NFL protests would only further hit a segment in decline.

Read the full article at Seeking Alpha. 

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