T-Mobile reported second-quarter earnings per share of $2.99, beating analyst expectations of $2.55, but revenue slightly missed estimates at $22.79 billion versus $22.95 billion expected. The company added 277,000 net postpaid accounts, surpassing forecasts but showing a 13% year-over-year decline. Service revenue rose 9% to $19 billion, with postpaid service revenue up 13% to $15.9 billion. Despite the revenue miss, T-Mobile raised its full-year adjusted free cash flow outlook to $18.4-$18.8 billion, highlighting strong customer momentum and a record wireless Net Promoter Score of 46. Investors reacted negatively to the revenue shortfall and slower postpaid account growth, causing shares to fall about 5% in early trading.
T-Mobile reported strong Q2 earnings with an EPS of $3.13, beating estimates by 25.7%, signaling solid profitability. However, its revenue of $22.79 billion was softer than expected, raising concerns about top-line growth despite being higher than la...
Wall Street is preparing for a volatile week with major earnings reports from Big Tech companies like Alphabet and Tesla, which are seen as key tests for the AI-driven market rally. Over 70 S&P 500 companies, including IBM, Intel, and American Expres...
