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T-Mobile US Earnings Miss, Revenue Beats In Q2

Published 08/06/2020, 04:05 PM
© Reuters.  T-Mobile US Earnings Miss, Revenue Beats In Q2
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Investing.com - T-Mobile US (NASDAQ:TMUS) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

T-Mobile US announced earnings per share of $0.09 on revenue of $17.67B. Analysts polled by Investing.com anticipated EPS of $0.15 on revenue of $17.6B.

T-Mobile US shares are up 37.71% from the beginning of the year, still down 3.21% from its 52 week high of $111.57 set on June 25. They are outperforming the S&P 500 which is up 3.68% from the start of the year.

T-Mobile US shares gained 2.40% in after-hours trade following the report.

T-Mobile US follows other major Services sector earnings this month

T-Mobile US's report follows an earnings beat by Amazon.com on July 30, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.

Visa A had beat expectations on July 28 with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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