T-Mobile (TMUS) Tops Q3 EPS by 17c
T-Mobile (NASDAQ: TMUS) reported Q3 EPS of $0.63, $0.17 better than the analyst estimate of $0.46. Revenue for the quarter came in at $10 billion versus the consensus estimate of $10 billion.
- Continued strong outlook for 2017:
- Raising and narrowing guidance range for branded postpaid net customer additions to 3.3 - 3.6 million from 3.0 - 3.6 million
- Net income is not available on a forward-looking basis(2)
- Raising and narrowing Adjusted EBITDA target for the second time this year to $10.8 - $11.0 billion from $10.5 - $10.9 billion, which includes unchanged guidance on leasing revenues of $0.85 - $0.95 billion(1)
- Maintaining guidance of $4.8 - $5.1 billion of cash purchases of property and equipment, excluding capitalized interest; expect to be at the high end of our guidance range
- Three-year compound annual growth rates (CAGRs) for net cash provided by operating activities and free cash flow from FY 2016 to FY 2019 remain unchanged at 15% - 18% and 45% - 48%, respectively(1)
For earnings history and earnings-related data on T-Mobile (TMUS) click here.
