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published in Blogs
Oct 29, 2022
T-Mobil US (TMUS, $151.00) misses Q3 expectations; boost full-year guidance

T-Mobil US (TMUS, $151.00) misses Q3 expectations; boost full-year guidance

T-Mobile US posted third-quarter earnings and revenue – both of which fell short of analysts' forecast.

The wireless carrier’s earnings came in at 40 cents per share for the quarter , below the 50 cents a share expected by analysts polled by Investing.com. Revenue was $20 billion, v. analysts’ estimates of $19.36 billion.

For the full-year T-Mobil US now expects adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, to be in $26.2 billion to $26.4 billion, higher than prior guidance of $26.0 billion to $26.3 billion. The company projects postpaid net customer additions to be between 6.2 million and 6.4 million, vs. prior forecast of 6.0 million to 6.3 million.

Related Tickers: TMUS