AT&T Shares Rise After CFO Says He’s Confident in Outlook
- AT&T shares gained on Thursday after the telecom giant’s CFO said he was confident of the company’s outlook.
- AT&T anticipates current quarter free cash flow of $4.5 billion to $5.0 billion, and at least $16 billion for 2023.
- CFO Desroches also reaffirmed previous statements by the company that its legacy lead-sheathed cables don’t pose a public heath risk.
Shares of AT&T (T) advanced 3% on Thursday after the telecom giant’s CFO said he was confident of the…