We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
T-Mobile (TMUS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Read MoreHide Full Article
For the quarter ended June 2023, T-Mobile (TMUS - Free Report) reported revenue of $19.2 billion, down 2.6% over the same period last year. EPS came in at $1.86, compared to $1.43 in the year-ago quarter.
The reported revenue represents a surprise of -0.77% over the Zacks Consensus Estimate of $19.34 billion. With the consensus EPS estimate being $1.71, the EPS surprise was +8.77%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how T-Mobile performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Prepaid churn: 2.62% versus 2.67% estimated by six analysts on average.
Postpaid phone churn: 0.77% compared to the 0.81% average estimate based on six analysts.
Net customer additions - Total postpaid customers - Postpaid phone customers: 760 thousand versus 659.59 thousand estimated by six analysts on average.
Net customer additions - Total postpaid customers: 1561 thousand compared to the 1387.71 thousand average estimate based on six analysts.
Total High Speed Internet net customer additions: 509 thousand compared to the 517.29 thousand average estimate based on six analysts.
Postpaid phone ARPU: $48.84 versus the six-analyst average estimate of $48.67.
Service Revenues- Postpaid revenues: $12.07 billion versus the six-analyst average estimate of $11.95 billion. The reported number represents a year-over-year change of +5.5%.
Service Revenues- Prepaid revenues: $2.44 billion versus the six-analyst average estimate of $2.42 billion. The reported number represents a year-over-year change of -1%.
Revenue- Other revenues: $289 million versus the six-analyst average estimate of $278.95 million.
Total service revenues: $15.74 billion compared to the $15.53 billion average estimate based on six analysts. The reported number represents a change of +2.8% year over year.
Equipment revenues: $3.17 billion versus $3.51 billion estimated by six analysts on average.
Service Revenues- Wholesale and other service revenues: $1.22 billion compared to the $1.16 billion average estimate based on six analysts. The reported number represents a change of -12.7% year over year.
Shares of T-Mobile have returned +3.5% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
T-Mobile (TMUS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2023, T-Mobile (TMUS - Free Report) reported revenue of $19.2 billion, down 2.6% over the same period last year. EPS came in at $1.86, compared to $1.43 in the year-ago quarter.
The reported revenue represents a surprise of -0.77% over the Zacks Consensus Estimate of $19.34 billion. With the consensus EPS estimate being $1.71, the EPS surprise was +8.77%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how T-Mobile performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Prepaid churn: 2.62% versus 2.67% estimated by six analysts on average.
- Postpaid phone churn: 0.77% compared to the 0.81% average estimate based on six analysts.
- Net customer additions - Total postpaid customers - Postpaid phone customers: 760 thousand versus 659.59 thousand estimated by six analysts on average.
- Net customer additions - Total postpaid customers: 1561 thousand compared to the 1387.71 thousand average estimate based on six analysts.
- Total High Speed Internet net customer additions: 509 thousand compared to the 517.29 thousand average estimate based on six analysts.
- Postpaid phone ARPU: $48.84 versus the six-analyst average estimate of $48.67.
- Service Revenues- Postpaid revenues: $12.07 billion versus the six-analyst average estimate of $11.95 billion. The reported number represents a year-over-year change of +5.5%.
- Service Revenues- Prepaid revenues: $2.44 billion versus the six-analyst average estimate of $2.42 billion. The reported number represents a year-over-year change of -1%.
- Revenue- Other revenues: $289 million versus the six-analyst average estimate of $278.95 million.
- Total service revenues: $15.74 billion compared to the $15.53 billion average estimate based on six analysts. The reported number represents a change of +2.8% year over year.
- Equipment revenues: $3.17 billion versus $3.51 billion estimated by six analysts on average.
- Service Revenues- Wholesale and other service revenues: $1.22 billion compared to the $1.16 billion average estimate based on six analysts. The reported number represents a change of -12.7% year over year.
View all Key Company Metrics for T-Mobile here>>>Shares of T-Mobile have returned +3.5% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.