T-Mobile US, Inc. (NASDAQ:TMUS) is set to announce third quarter earning results on Thursday 5th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, TMUS to report 3Q20 income of $ 0.43 per share.
For the full year, analysts anticipate top line of $ 66254.10 million, while looking forward to income of $ 1.83 per share bottom line.
Previous Quarter Performance
T-Mobile US, Inc. unwinded income for the second quarter of $ 0.09 per share, from the revenue of $ 17,671.00 million. The quarterly earnings reduced 91.74 percent while revenues escalated 60.95 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.07 per share from $ 17606.20 million in revenue. The bottom line results beat street analysts by $ 0.02 or 28.57 percent, at the same time, top line results outshined analysts by $ 64.80 million or 0.37 percent.
Stock Performance
Shares of T-Mobile US, Inc. traded up $ 4.90 or 4.41 percent on Wednesday, reaching $ 116.02 with volume of 4.83 million shares. T-Mobile US, Inc. has traded high as $ 116.86 and has cracked $ 112.84 on the downward trend
The closing price of $ 116.02, representing a 74.99 % increase from the 52 week low of $ 63.50 and a 9.97 % decrease over the 52 week high of $ 123.42.
The company has a market capital of $ 145.90 billion and is part of the Communication Services sector and Telecom Services industry.
Conference Call
T-Mobile US, Inc. will be hosting a conference call at 4:30 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.t-mobile.com
T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to 79.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.
