T-Mobile US, Inc. (TMUS) Reports Q2 EPS of 48c, Offers Guidance
T-Mobile US, Inc. (NYSE: TMUS) reported Q2 EPS of $0.48, may not compare to the analyst estimate of $0.08. Revenue for the quarter came in at $7.2 million versus the consensus estimate of $7.04 million. Adjusted EBITDA for the second quarter of 2014 was $1.45 billion.
2014 Outlook Guidance
T-Mobile expects to drive further momentum while continuing to invest in profitable growth. With the success of its Simple Choice plans and the continued evolution of the Un-carrier strategy, branded postpaid net additions for 2014 are now expected to be between 3.0 and 3.5 million, up from the prior guidance of 2.8 to 3.3 million.
For the full year of 2014, T-Mobile expects Adjusted EBITDA to be in the range of $5.6 to $5.8 billion, which is unchanged from the earlier range despite the increase in customer growth guidance.
Cash capital expenditures are expected to be in the range of $4.3 to $4.6 billion, also unchanged.
With this growth and rate plan migrations, the penetration of Simple Choice plans in the branded postpaid base is projected to be between 85% and 90% by the end of 2014, again, unchanged from the earlier range.
For earnings history and earnings-related data on T-Mobile US, Inc. (TMUS) click here.
