Mike Sievert, T-Mobile CEO, joins 'Money Movers' to discuss the President-elect's new regulatory agenda, the access to broadband, and much more.
In Q3 2024, T-Mobile added more postpaid subscribers than Verizon and AT&T combined. T-Mobile has an infrastructure advantage, lowering its cost base. The market share gains are due to being able to offer a better value to its customers.
Telecommunications company T-Mobile US, Inc. (TMUS) is riding high after strong earnings and guidance lifted its shares.
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After a remarkable 42% rise in share price since the beginning of the year, T-Mobile US Inc. (NASDAQ: TMUS) has seen its stock reach all-time highs. On October 25, analysts at Raymond James downgraded the company's rating from “Outperform” to “Market Perform.
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T-Mobile US, Inc. has become the largest U.S. carrier as a result of intelligent prior decisions. The company now trades at a 7% FCF yield with lower shareholder returns. Going forward, we rate T-Mobile as a hold at this time given its future competition.
TMUS reports a top-line expansion year over year in the third quarter, backed by solid demand for postpaid services. Healthy growth in free cash flow is a tailwind.
T-Mobile US, Inc. TMUS reported better-than-expected third-quarter financial results and raised its FY24 guidance on Wednesday.
T-Mobile US, Inc. (NASDAQ:TMUS ) Q3 2024 Earnings Conference Call October 23, 2024 4:30 PM ET Company Participants Kathy Au - SVP, IR Mike Sievert - President, Chief Executive Officer Peter Osvaldik - Chief Financial Officer Ulf Ewaldsson - President of Technology Jon Freier - President, Consumer Group Callie Field - President, T-Mobile Business Group Michael Katz - President, Marketing, Strategy and Products Mark Nelson - Executive Vice President & General Counsel Conference Call Participants Simon Flannery - Morgan Stanley John Hodulik - UBS David Barden - Bank of America Michael Rollins - Citi Jonathan Chaplin - New Street Research Craig Moffett - MoffettNathanson Jim Schneider - Goldman Sachs Peter Supino - Wolfe Research Sam McHugh - BNP Paribas Kannan Venkateshwar - Barclays Eric Luebchow - Wells Fargo Operator Good afternoon. All participants will be in a listen-only mode.
Although the revenue and EPS for T-Mobile (TMUS) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.