T-Mobile (TMUS) reported $20.16 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 4.7%. EPS of $2.61 for the same period compares to $1.82 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $19.87 billion, representing a surprise of +1.49%. The company delivered an EPS surprise of +10.13%, with the consensus EPS estimate being $2.37. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

T-Mobile (TMUS) came out with quarterly earnings of $2.61 per share, beating the Zacks Consensus Estimate of $2.37 per share. This compares to earnings of $1.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.13%. A quarter ago, it was expected that this wireless carrier would post earnings of $2.27 per share when it actually produced earnings of $2.49, delivering a surprise of 9.69%.Over the last four quarters, the company ...

Merger and Acquisition Activities - T-Mobile reported a total merger-related cost of $121 million for the nine months ended September 30, 2024, a decrease of $665 million or 85% compared to the same period in 2023[165]. - The company recognized a gain of $100 million from the DISH License Purchase Agreement, which was recorded as a reduction in selling, general, and administrative expenses[163]. - T-Mobile plans to invest approximately $950 million in a joint venture to acquire a 50% equity interest in Lumos, a fiber-to-the-home platform, expected to close in early 2025[166]. - A definitive agreement was made with KKR to establish a joint venture for acquiring Metronet, with an expected investment of $4.9 billion for a 50% equity interest, anticipated to close in 2025[167]. - The total purchase price for the acquisition of Ka'ena Corporation was approximately $956 million, consisting of $420 million in cash and 3,264,952 shares of T-Mobile common stock[169]. - Up to an additional $403 million may be payable as an earnout based on Ka'ena's performance indicators following the acquisition[170]. - UScellular's wireless operations and select spectrum assets will be acquired for approximately $4.4 billion, including up to $2.0 billion in debt assumption[171]. Financial Performance - Total revenues increased by $910 million, or 5%, for the three months ended September 30, 2024, and by $1.4 billion, or 2%, for the nine months ended[177]. - Postpaid revenues rose by $1.0 billion, or 8%, for the three months and by $2.6 billion, or 7%, for the nine months ended September 30, 2024[177]. - Prepaid revenues increased by $243 million, or 10%, for the three months and by $377 million, or 5%, for the nine months ended September 30, 2024[178]. - Wholesale and other service revenues decreased by $452 million, or 39%, for the three months and by $943 million, or 26%, for the nine months ended[178]. - Total operating expenses decreased by $290 million, or 2%, for the three months and by $1.19 billion, or 3%, for the nine months ended[174]. - Operating income increased by $1.2 billion, or 33%, for the three months and by $2.64 billion, or 24%, for the nine months ended[174]. - Adjusted EBITDA rose to $8.243 billion, an increase of $643 million, or 8%, for the three months ended[175]. - Cash provided by operating activities was $6.139 billion, an increase of $845 million, or 16%, for the three months ended[175]. - Net income was $3.1 billion for the three months ended September 30, 2024, compared to $2.1 billion for the same period in 2023, and $8.4 billion for the nine months ended September 30, 2024, compared to $6.3 billion for 2023[188]. - Income before income taxes was $4.0 billion for the three months ended September 30, 2024, compared to $2.8 billion for the same period in 2023, and $10.9 billion for the nine months ended September 30, 2024, compared to $8.4 billion for 2023[186]. Cost Management - The company has incurred substantially all restructuring and integration costs associated with the Sprint Merger, with cash payments extending beyond 2024[164]. - T-Mobile's net cash payments for merger-related costs were $658 million for the nine months ended September 30, 2024, a decrease of $899 million or 58% compared to the same period in 2023[165]. - T-Mobile's total merger-related costs for the three months ended September 30, 2024, were $0, compared to $152 million for the same period in 2023[165]. - Selling, general and administrative expenses decreased by $148 million, or 3%, for the three months ended and decreased by $565 million, or 4%, for the nine months ended September 30, 2024[183]. - Cost of services decreased by $164 million, or 6%, for the three months ended September 30, 2024[182]. - Cost of equipment sales increased by $58 million, or 1%, for the three months ended September 30, 2024[182]. Customer Metrics - Postpaid accounts increased to 30,631,000 as of September 30, 2024, up 1,133,000 or 4% from 29,498,000 as of September 30, 2023[201]. - Total customers increased to 127,492,000 as of September 30, 2024, up 9,585,000 or 8% from 117,907,000 as of September 30, 2023[205]. - Postpaid net account additions decreased by 71,000 or 18% for the three months ended September 30, 2024, and decreased by 138,000 or 14% for the nine months ended September 30, 2024[202]. - Postpaid Average Revenue Per Account (ARPA) increased by $5.77 or 4% for the three months ended September 30, 2024, reaching $145.60[212]. - Postpaid phone churn decreased slightly to 0.86% for the three months ended September 30, 2024, compared to 0.87% for the same period in 2023[209]. - Prepaid churn decreased by 3 basis points for the three months ended September 30, 2024, primarily due to promotional activity[210]. Cash Flow and Debt - Cash and cash equivalents increased to $9.8 billion as of September 30, 2024, up from $5.1 billion at December 31, 2023[233]. - Net cash provided by operating activities for the nine months ended September 30, 2024, was $16.744 billion, a 22% increase from $13.700 billion in 2023[235]. - Net cash used in investing activities increased by $1.9 billion, or 137%, for the three months ended September 30, 2024[229]. - Total debt and financing lease liabilities as of September 30, 2024, were $82.3 billion, with $74.0 billion classified as long-term debt[239]. - The company issued long-term debt for net proceeds of $8.1 billion during the nine months ended September 30, 2024[239]. Shareholder Returns - The 2023-2024 Stockholder Return Program is authorized for up to $19.0 billion, running from October 1, 2023, through December 31, 2024[258]. - During the three months ended September 30, 2024, the company repurchased 3,179,707 shares at an average price of $202.45, totaling $644 million[261]. - The company reported share repurchases totaling $57 million during the three months ended September 30, 2024[277]. - As of September 30, 2024, the company had $1.0 billion for dividends payable presented within other current liabilities[260]. Legal and Compliance - Legal proceedings are ongoing, with details available in Note 13 of the Condensed Consolidated Financial Statements[277]. - The company remains in compliance with all restrictive debt covenants as of September 30, 2024[255].

il Q3 2024 INVESTOR FACTBOOK EXHIBIT 99.2 Contents 3 Highlights 4 Customer Metrics 7 Financial Metrics 13 Capital Structure 14 Guidance 15 Contacts 16 Financial and Operational Tables INVESTOR FACTBOOK Q3 2024 2 Fili Guidance Across the Board POSTPAID POSTPAID OSTPAID PHONE IND SERVICE REVENUES NET INCOME CORE ADJUSTED EBIT REW 43 INCLUDING INDUSTRY-LEADI INDUSTRY-LEADING GROW INDUSTRY-LEADING GROWTH SERVICE REVENUE GROWTH OF 89 ADJUSTED HIGH SPEED INTERNE PROVIDED BY OPERATING ACTIVITIES NET CUSTOMER ADDIT ...

T-Mobile US, Inc. (TMUS) is set to report third-quarter 2024 results on Oct. 23, after the closing bell. In the trailing four quarters, the company delivered an earnings surprise of 2.72%, while in the last reported quarter, it delivered an earnings surprise of 9.69%. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The wireless service provider is expected to witness a top-line expansion year over year, backed by growing demand for its postpaid services. Management's focus on devel ...

In its upcoming report, T-Mobile (TMUS) is predicted by Wall Street analysts to post quarterly earnings of $2.34 per share, reflecting an increase of 28.6% compared to the same period last year. Revenues are forecasted to be $19.88 billion, representing a year-over-year increase of 3.3%. The current level reflects a downward revision of 1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial pro ...

Core Insights - TCL has launched the TCL LINKPORT IK511, a 5G connectivity device developed in collaboration with T-Mobile, which allows devices to access T-Mobile's standalone 5G network [1][2] - The device features the Snapdragon X35 5G Modem-RF System and is designed to provide a more reliable and faster experience compared to Wi-Fi and 4G LTE [1][3] - The TCL LINKPORT IK511 is the only commercially available 5G RedCap device in North America, marking a significant advancement in wireless communication standards [2][4] Product Features - The TCL LINKPORT IK511 is one of the smallest and lightest 5G RedCap-capable devices, offering plug-and-play connectivity via USB-C and compatibility with most major operating systems [5] - It supports data transfer speeds of up to 220 Mbps and will be available at T-Mobile stores starting October 17, 2024, priced at $96 with a limited-time 50% discount [5][6] - The device is aimed at both consumers and enterprise users, providing an affordable way to upgrade existing devices to 5G connectivity without needing to purchase new hardware [2][3] Industry Impact - 5G RedCap technology is expected to transform connectivity for both consumers and businesses, enhancing the performance of older Wi-Fi-only devices by integrating them into T-Mobile's leading 5G network [3] - The collaboration between TCL, Qualcomm, and T-Mobile represents a significant step forward in the evolution of wireless networks, with the potential to improve power efficiency, battery life, and overall connectivity [4][3] - T-Mobile's unique position as the only major carrier offering a nationwide 5G SA network has been crucial in the development and launch of the TCL LINKPORT IK511 [2][3]

WILLIAMSPORT, PENNSYLVANIA, UNITED STATES - 2024/08/10: An exterior view of a T-Mobile store. ... [+] T-Mobile is the third largest wireless carrier in the United States, after Verizon and AT&T. (Photo by Paul Weaver/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesT-Mobile is expected to publish its Q3 2024 results toward the end of October. Now T-Mobile stock has fared well rising by about 35% year-to-date, outperforming Verizon stock which gained about 22% over the same pe ...

T-Mobile, US, Inc. (TMUS) recently introduced a cutting-edge portable 5G private network and services solution called 5G On Demand. The product simplifies the process of establishing 5G connectivity virtually in any location within a short time and efficiently supports high bandwidth intensive applications. TMUS will showcase the product at the Mobile World Congress to be held in Las Vegas from Oct. 10. Setting up and maintaining a permanent private network is costly and unfeasible, especially for businesse ...

Patient investors interested in dividends should consider this stock over the competition.The telecom industry is full of great dividend payers that consistently raise their payouts year after year. But one of the newest dividend payers in the industry is making the case that it might be the best bet for long-term dividend investors.T-Mobile (TMUS 0.12%) instituted a dividend last September. A year later, it announced its first-ever dividend increase -- and it was a big one. Shareholders will receive $0.88 ...