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T-Mobile US Earnings Beat, Revenue Misses In Q1

2022.04.27 14:01

T-Mobile US Earnings Beat, Revenue Misses In Q1
T-Mobile US Earnings Beat, Revenue Misses In Q1

Investing.com – T-Mobile US (NASDAQ:TMUS) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.

T-Mobile US announced earnings per share of $0.57 on revenue of $20.12B. Analysts polled by Investing.com anticipated EPS of $0.4405 on revenue of $20.19B.

T-Mobile US shares are up 7.74% from the beginning of the year, still down 16.80% from its 52 week high of $150.20 set on July 16, 2021. They are outperforming the Nasdaq 100 which is down 20.28% from the start of the year.

T-Mobile US follows other major Communication Services sector earnings this month

T-Mobile US’s report follows an earnings missed by Alphabet C on Tuesday, who reported EPS of $24.62 on revenue of $68.01B, compared to forecasts EPS of $25.75 on revenue of $68.08B.

Alphabet A had missed expectations on Tuesday with first quarter EPS of $24.62 on revenue of $68.01B, compared to forecast for EPS of $25.89 on revenue of $68.08B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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