T-Mobile US Inc
The Details: T-Mobile reported quarterly earnings of $2.57 per share, which beat the analyst consensus estimate of $2.26.
Quarterly revenue came in at $21.87 billion, which beat the analyst consensus estimate of $21.31 billion. This is an increase over sales of $20.48 billion from last year.
- Service revenues of $16.93 billion grew 6% year-over-year.
- Postpaid service revenues of $13.50 billion grew 8% year-over-year.
- Adjusted Free Cash Flow of $4.1 billion declined 5% year-over-year.
- Postpaid net account additions were 263,000 in the quarter.
- Postpaid net customer additions were 1.9 million.
- Postpaid phone net customer additions were 903,000.
- Postpaid phone churn was 0.92%.
- High-speed Internet net customer additions were 428,000.
FY25 Outlook: T-Mobile expects 5.5 million-6.0 million postpaid net customer additions, a core adjusted EBITDA of $33.1 billion-$33.6 billion. The company sees net cash from operations of $26.8 billion-$27.5 billion and adjusted free cash flow of $17.3 billion-$18.0 billion.
T-Mobile US stock surged 36% in the last 12 months. Investors can gain exposure to the stock through iShares Core S&P 500 ETF
TMUS Price Action: T-Mobile stock is up 6.5% at $235.50 premarket at last check Wednesday.