T-Mobile Stock Pops as Fourth Quarter Handily Tops Estimates

Core Insights - T-Mobile US reported strong fourth-quarter results for 2024, exceeding analyst expectations in net income and revenue [1][5] - The company achieved a net income of $2.98 billion, or$2.57 per share, on revenue of $21.87 billion, surpassing estimates of$2.63 billion in profits and $21.31 billion in revenue [1][5] Company Performance - T-Mobile's CEO highlighted the company's record low churn rate for postpaid phone subscribers and noted three consecutive years of over 3 million postpaid phone net additions [2][3] - The company added 903,000 postpaid phone subscribers and 428,000 net internet customers, both exceeding analyst expectations of 859,810 and 402,000, respectively [3] Future Outlook - For 2025, T-Mobile anticipates adding between 5.5 million to 6 million net new customers but refrained from providing a profit forecast due to unpredictable factors affecting net income [4] - T-Mobile's stock rose over 6% in premarket trading and has increased by 35% over the past year [5]