- Earnings Per Share (EPS): $2.49, up from $1.86 year-over-year (y/y).
- Total Revenue: $19.77 billion, a 3% increase y/y, beating the estimate of $19.58 billion.
- Service Revenue: $16.43 billion, up 4.4% y/y, surpassing the estimate of $16.34 billion.
- Total Net Customers: Increased by 1.52 million, down 10% y/y, but beating the estimate of 1.25 million.
- Postpaid Net Customers: Added 1.34 million, a 14% decrease y/y, but exceeded the estimate of 1.20 million.
- Postpaid Phone Net Customers: Grew by 777,000, up 2.2% y/y, surpassing the estimate of 645,267.
- Postpaid Other Net Customers: Increased by 561,000, a 30% decline y/y, but higher than the estimate of 544,284.
- Prepaid Net Customers: Added 179,000, a 44% rise y/y, significantly above the estimated 76,146.
- Adjusted EBITDA: $8.05 billion, an 8.8% increase y/y, meeting the estimate of $8.01 billion.
- Postpaid Monthly ARPA: $142.54, up 2.6% y/y, beating the estimate of $142.09.
- Postpaid Phone ARPU: $49.07, slightly above the estimate of $48.93.
- Postpaid Phone Churn: 0.8%, slightly higher than 0.77% y/y, and above the estimate of 0.79%.
- Prepaid ARPU: $35.94, a 5.4% decrease y/y, below the estimate of $36.89.
- Prepaid Churn: 2.54%, down from 2.62% y/y, better than the estimate of 2.71%.
- Total Customers at End of Period: 125.89 million, an 8% increase y/y, surpassing the estimate of 122.28 million.
- Core Adjusted EBITDA Forecast for 2024: Projected between $31.50 billion to $31.80 billion, compared to previous guidance of $31.4 billion to $31.9 billion, and estimate of $31.64 billion.
- Postpaid Net Customers Forecast for 2024: Expected to be between 5.40 million to 5.70 million, compared to previous guidance of 5.2 million to 5.6 million, and estimate of 5.29 million.
- Capital Expenditure Forecast for 2024: Expected between $8.70 billion to $9.10 billion, previously $8.6 billion to $9.4 billion, estimate of $9.07 billion.
- Adjusted Free Cash Flow Forecast for 2024: Projected between $16.60 billion to $17.00 billion, previously $16.4 billion to $16.9 billion, and estimate of $16.67 billion.
T Mobile Us Inc on Smartkarma
Analysts on Smartkarma, like Baptista Research, have been closely following T-Mobile US Inc. According to Baptista Research‘s report titled “T-Mobile US: Is The 5G Home Internet (FWA) Expansion Giving It An Edge Over Competitors? – Major Drivers,” T-Mobile showcased strong performance in Q1 2024 earnings, with continuous growth and an upward revision of guidance for the year. Notably, T-Mobile’s postpaid phone net additions have remained robust compared to industry trends, indicating the popularity of the company’s network value proposition among customers. This is supported by consistent growth in postpaid phone gross adds over quarters and a notable decline in Q1 postpaid phone churn.
In another report by Baptista Research titled “Can T-Mobile Be the Stealthiest Investment of 2024: Growth Strategies Unveiled! – Major Drivers,” the analysts highlighted T-Mobile’s significant achievements in 2023, with over 3.1 million postpaid phone net additions driven by record-high postpaid phone gross adds. T-Mobile’s market share of postpaid phone net additions in the industry peaked in Q4, with 934,000 additions, far exceeding competitors. These reports provide valuable insights into T-Mobile’s strategic growth initiatives and its positioning in the market, making it an intriguing company to watch for potential investors.
A look at T Mobile Us Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
When looking at the overall outlook for T-Mobile US Inc using the Smartkarma Smart Scores, the scores paint a positive picture. With a strong score of 5 for Growth, T-Mobile US Inc is showing great potential for future expansion and development. The company’s Momentum score of 4 indicates a positive trend in its market performance, suggesting continued growth in the near future. Although the company’s scores for Value and Dividend are not as high, its resilience score of 2 shows a stable base for weathering economic challenges.
T-Mobile US, Inc. stands out as one of the major players in the US wireless carrier industry, formed from the merger of T-Mobile USA and MetroPCS. With a focus on growth and momentum, the company is positioned to capitalize on opportunities for expansion and market advancement. While there may be room for improvement in terms of value and dividend scores, T-Mobile US Inc’s resilience score suggests a strong foundation for long-term stability in the ever-evolving telecommunications sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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