* T-Mobile US Inc reported quarterly adjusted earnings of $2.61 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.82. The mean expectation of nineteen analysts for the quarter was for earnings of $2.42 per share. Wall Street expected results to range from $2.28 to $2.59 per share.
* Revenue rose 4.7% to $20.16 billion from a year ago; analysts expected $20.01 billion.
* T-Mobile US Inc's reported EPS for the quarter was $2.61.
* The company reported quarterly net income of $3.06 billion.
* T-Mobile US Inc shares had risen by 6.1% this quarter and gained 36.6% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 0.8% in the last three months.
* In the last 30 days, eight analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 25 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the wireless telecommunications services peer group is also "buy"
Wall Street's median 12-month price target for T-Mobile US Inc is 221.00 This summary was machine generated from LSEG data October 24 at 03:07 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jun. 30 2024 2.42 2.61 Beat
Jun. 30 2024 2.28 2.49 Beat
Mar. 31 2024 1.87 2.00 Beat
Dec. 31 2023 1.90 1.67 Missed
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.