T-Mobile US Q2 EPS $1.86 Beats $1.69 Estimate, Sales $19.20B Miss $19.33B Estimate
Portfolio Pulse from Benzinga Newsdesk
T-Mobile US reported Q2 earnings of $1.86 per share, beating the analyst consensus estimate of $1.69 by 10.06%. This is a significant increase from losses of $(0.09) per share from the same period last year. However, the company's quarterly sales of $19.20 billion missed the analyst consensus estimate of $19.33 billion by 0.69%, marking a 2.56% decrease from the same period last year.
July 27, 2023 | 8:03 pm
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T-Mobile US's Q2 earnings beat estimates, but sales missed estimates and decreased from the same period last year.
T-Mobile US's Q2 earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates and decreased from the same period last year, which is negative for the stock. These two factors could offset each other, leading to a neutral short-term impact on the stock.
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