How T-Mobile Measures Up to Verizon, AT&T, Sprint

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By Chris Lange Updated Published
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courtesy of T-Mobile US Inc.
T-Mobile reported its second-quarter financial results Thursday before the markets opened. The telecom giant had $0.43 in earnings per share (EPS) on $8.2 billion in revenue compared to Thomson Reuters consensus estimates of $0.18 in EPS on $7.94 billion in revenue. The same period from last year had $0.48 in EPS on $7.18 billion in revenue.

The company gave guidance for the 2015 full year; it expects an increase in postpaid net additions of 3.4 to 3.9 million, up from 3.0 to 3.5 million due to the recent “Un-carrier” plans. There are consensus estimates for $0.74 in EPS on $32.51 billion in revenue for the full year.

During the quarter, T-Mobile delivered strong customer growth with 58.9 million total customers. In the second quarter of 2015, T-Mobile added 2.1 million net new customers, including branded postpaid net customer additions of 1.0 million, comprised of phone net customer additions of 760,000 – expected to be the highest in the U.S. wireless industry once again – and mobile broadband net customer additions of 248,000.

John Legere, President and CEO of T-Mobile, said:

While the carriers continue to use gimmicks to confuse consumers, T-Mobile continues to listen to customers and respond with moves that blow them away. On top of adding 2.1 million new customers in the second quarter, we delivered 14% year-over-year revenue growth and 25% year-over-year Adjusted EBITDA growth. Overall, I think our results speak for themselves.

Shares of T-Mobile were up 2.9% at $38.12 on Thursday morning. The stock has a consensus analyst price target of $40.42 and a 52-week trading range of $24.26 to $40.77.

AT&T, Inc. (NYSE: T) reported its second quarter financial results last Thursday. The telecom giant had $0.69 in earnings per share (EPS) on $33.02 billion in revenue compared to Thomson Reuters consensus Verizonestimates of $0.63 in EPS on $33.04 billion in revenue. The same period from the previous year had $0.62 in EPS on $32.58 billion in revenue. Shares of AT&T were relatively flat at $34.70 on a 52-week trading range of $32.07 to $36.45.

Verizon Communications Inc. (NYSE: VZ) reported second-quarter 2015 results before markets opened Tuesday. The telecom giant reported quarterly earnings per share (EPS) of $1.04 on revenues of $32.22 billion. In the same period a year ago, Verizon reported EPS of $0.91 on revenues of $31.48 billion. Second-quarter results also compare to the consensus estimates for EPS of $1.01 on revenues of $31.48 billion. Shares of Verizon were relatively flat at $46.56 on a 52-week trading range of $45.09 to $51.73.

Sprint Corp. (NYSE: S) has yet to report its earnings but it has consensus estimates that call for $8.69 million in revenues. Shares of Sprint were up 1% at $3.52 on Thursday morning.

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About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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