AT&T is raising prices for its internet subscribers, a move that should drive double-digit fiber revenue growth next year.

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For fiscal 2024, analysts expect AT&T to report an EPS of $2.22, down 7.9% from $2.41 in fiscal 2023. However, fiscal 2025 EPS is projected to grow 5.4% annually to $2.34.

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AT&T recently decided to divest its DirecTV segment. This move creates another potent positive catalyst for my bull thesis.