T-Mobile (TMUS) Tops Q2 EPS by 25c; Raises Outlook
T-Mobile (NASDAQ: TMUS) reported Q2 EPS of $0.78, $0.25 better than the analyst estimate of $0.53. Revenue for the quarter came in at $20 billion versus the consensus estimate of $19.37 billion.
- Total revenues of $20.0 billion grew 13% year-over-year
- Service revenues of $14.5 billion grew 10% year-over-year, best growth in industry
- Net income of $978 million, 8x more than last year, diluted earnings per share (“EPS”) of $0.78, and Adjusted EBITDA(1) of $6.9 billion
- Core Adjusted EBITDA(1) of $6.0 billion grew 7% year-over-year, best growth in industry and raising 2021 guidance
- Net cash provided by operating activities of $3.8 billion increased $3.0 billion year-over-year, raising 2021 guidance
- Free Cash Flow excluding gross payments for the settlement of interest rate swaps(1) of $1.7 billion, grew 16% year-over-year, best growth in industry and raising 2021 guidance
For earnings history and earnings-related data on T-Mobile (TMUS) click here.
