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T-Mobile US (TMUS) Beats Q3 Earnings and Revenues Estimate

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T-Mobile US Inc.(TMUS - Free Report) is a leading telecom operator in the U.S. providing high-end wireless and wireline services to individuals, business enterprises and government agencies.

The U.S. telecom industry is facing severe competitive pressure at present. Aggressive pricing competition and higher promotional activities are likely to hurt the company’s financial results going forward.

T-Mobile UScurrently carries a Zacks Rank #3 (Hold). The company has generated a positive average earnings surprise of 89.52% in the three of the previous four quarters. We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: The Company beats third quarter earnings. Our consensus called for EPS of 22 cents while the company reported EPS of 27 cents.

Revenue: T-Mobile US reported total revenue of $9,246 million lagging the Zacks Consensus Estimate of $9,441 million.

T-MOBILE US INC Price and EPS Surprise

T-MOBILE US INC Price and EPS Surprise | T-MOBILE US INC Quote

Key States to Note: In the reported quarter, T-Mobile US added 0.89 million postpaid connections. Retail postpaid churn decreased to 1.32% from 1.46% in the prior-year quarter. At the end of third quarter, T-Mobile US had 33.23 million postpaid connections, up 9.3% year over year.Branded postpaid phone Average Revenue per User (ARPU) of $48.15 was up 0.3% year over year.

Check back later for our full write up on this T-Mobile US earnings report later!

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