T-Mobile US Earnings, Revenue Miss in Q2
2022.07.27 14:46
T-Mobile US Earnings, Revenue Miss in Q2
Investing.com – T-Mobile US (NASDAQ:TMUS) reported on Wednesday second quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.
T-Mobile US announced earnings per share of $-0.09 on revenue of $19.7B. Analysts polled by Investing.com anticipated EPS of $0.2597 on revenue of $20.11B.
T-Mobile US shares are up 15.46% from the beginning of the year, still down 8.79% from its 52 week high of $146.82 set on July 29, 2021. They are outperforming the Nasdaq 100 which is down 25.94% 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 $1.21 on revenue of $69.69B, compared to forecasts EPS of $1.28 on revenue of $70.04B.
Verizon had missed expectations on Friday with second quarter EPS of $1.31 on revenue of $33.79B, compared to forecast for EPS of $1.32 on revenue of $33.74B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
