Judge Deals AT&T a Setback: DealBook Briefing
Consensus estimates for 2018 capex have increased by $17 billion (3 percent) since the passage of tax reform.”
• Last month 39 S.&P.
— Michael de la Merced
Here’s why the company’s shares are down 10percent — their biggest fall since 2015 — after its fourth-quarter earnings report:
• The company earned $1.33 a share, while analysts had expected $1.37.
Analysts have raised their 2018 earnings estimates for companies in the S.&P.
500 companies increased their dividend, while for the first since 2012 no companies cut their payments.
An estimated $201.7 million in three-day ticket sales in the U. S., and $235 million in four-day sales.
500 companies either beating or missing expectations “has been muted relative to history.”
Investors are more focused on tax reform and earnings forecasts for 2018, Goldman writes.
