T-Mobile Stock Surges After Strong Q4 Earnings Beat
T-Mobile Stock Surges After Strong Q4 Earnings Beat
Key Takeaways
- T-Mobile (TMUS) shares jumped after reporting better-than-expected Q4 results.
- The company exceeded estimates on revenue, profit, and subscriber growth.
- AT&T (T) and Verizon (VZ) also topped estimates in their Q4 reports last week.
Q4 Earnings Beat Expectations
T-Mobile reported $2.98 billion in net income ($2.57 per share) on $21.87 billion in revenue, surpassing analyst projections of $2.63 billion ($2.26 per share) on $21.31 billion in revenue.
CEO Mike Sievert highlighted the company's record-low churn rate and continued subscriber growth. T-Mobile added 903,000 postpaid phone customers and 428,000 net internet customers, both exceeding expectations.
2025 Outlook
For 2025, T-Mobile expects to gain 5.5 million to 6 million net new customers but did not provide a profit forecast due to uncertainties around tax and interest expenses.
Stock Performance
T-Mobile shares rose over 6% in premarket trading Wednesday and have gained 35% over the past year.
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