AT&T’s latest earnings show stronger-than-expected profit growth, with free cash flow soaring to $4.7 billion—fueling dividend security and a promising outlook. Revenue rose 2.3% to $31.6 billion, while fiber and postpaid customer gains are driving margin expansion. The company projects $18 billion in free cash flow by 2026, even as it takes on short-term debt. Though revenue growth is modest, the underlying business is strengthening—making AT&T a compelling income play, especially for those seeking steady returns and a stock trading below its highs.
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