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Why Craig Moffett is approaching AT&T's guidance with caution

Why Craig Moffett is approaching AT&T's guidance with caution AT&T revenue misses slightly with $44.588B vs. $44.995B estimates and EPS slightly exceeds expectations at $0.94 vs $0.93 expected. The company had pushed back the release day of its earnings due to negotiations with Elliott Management, who disclosed a stake in the company in September. Craig Moffett, founder and senior analyst at MoffettNathanson, joins "Squawk Box" to discuss.

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