T‑Mobile US posts Q3 earnings and revenue beat
T‑Mobile US reported third‑quarter earnings per share of $3.22, topping analyst forecasts by $0.33. Revenue reached $23.58 billion, exceeding the $23.15 billion estimate and growing 7.4% year‑over‑year. The carrier added new customers and lifted average revenue per account, but prepaid revenue fell during the quarter. Shares initially rose on the results before slipping later in the session.
Why it matters
The earnings beat signals stronger profitability than expected, while the prepaid revenue decline highlights a potential headwind for future growth, according to the company’s commentary. Investors may reassess revenue forecasts and pricing strategy based on these mixed signals.
Key facts
- 1Q3 earnings per share were $3.22, beating estimates by $0.33. investing.com
- 2Quarterly revenue was $23.58 billion, above the $23.15 billion forecast. investing.com
- 3Revenue grew 7.4% year‑over‑year. seekingalpha.com
- 4Earnings increased 34% versus the prior period. seekingalpha.com
- 5Prepaid revenue declined during the quarter. seekingalpha.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.