🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

T-Mobile reports Q2 EPS beat but revenues miss expectations, guidance raised

Published 07/27/2023, 05:56 PM
© Reuters.  T-Mobile reports Q2 EPS beat but revenues miss expectations, guidance raised
TMUS
-

T-Mobile (NASDAQ:TMUS) reported its Q2 results, with EPS of $1.86 coming in better than the consensus estimate of $1.70. However, revenue of $19.2 billion missed the consensus estimate of $19.42B. Shares fell more than 1% after-hours.

Postpaid net account additions were 299,000, and postpaid net customer additions were 1.6 million, both best in the industry. Postpaid phone net customer additions were 760,000, representing the best Q2 in eight years.

The company raised its full 2023-year guidance, expecting postpaid net customer additions in the range of 5.6M-5.9M from prior guidance of 5.3M-5.7M. Core adjusted EBITDA is seen at $28.9B-$29.2B, compared to the prior guidance of $28.8B-$29.2B.

 

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.