T-Mobile’s first-quarter results
T-Mobile (TMUS) reported its first-quarter results on April 25 after the market closed. The shares rose $0.65 to $73.36—0.89% higher than the day’s close at $72.71.
T-Mobile’s total revenues increased ~6.0% YoY (year-over-year) to $11.1 billion in the first quarter. The company beat analysts’ consensus estimate of $11.0 billion. In the first quarter of 2018, T-Mobile reported revenues of $10.5 billion. In the fourth quarter of 2018, T-Mobile reported revenues of $11.4 billion.
T-Mobile posted an adjusted EPS of $1.06 in the first quarter, which rose 35.9% on a YoY basis and beat analysts’ estimate of $0.91. Analysts expect T-Mobile’s sales and adjusted EPS to be $45.5 billion and $3.90 in fiscal 2019.
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In the first quarter, T-Mobile gained 1.0 million net postpaid customers, which includes 656,000 postpaid phone customer net additions. T-Mobile also added 69,000 prepaid customers.