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A Closer Look at AT&T’s Outlook for 2019

A Closer Look at AT&T’s Outlook for 2019

Last month, AT&T (T) released some initial guidance numbers for 2019. The company expects its adjusted EPS to rise in the low single digits in 2019. It expects to generate $26 billion in free cash flow next year. AT&T’s management has stated that the company’s discretionary cash flow after dividends will be used to pay down its huge debt balance.