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T-Mobile disappoints on Q4 earnings miss

01/26/2024 06:15
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T-Mobile disappoints on Q4 earnings miss

T-Mobile US (TMUS) shares trend lower in Thursday after-hours trading after adding more mobile phone customers than expected, but failing to impress on fourth-quarter earnings results. Yahoo Finance Live's Julie Hyman and Josh Lipton break down T-Mobile's figures. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

  • The Wall Street Journal

    T-Mobile Stock Retreats After Earnings Miss Wall Street's Estimates

    Shares of T-Mobile slipped in late trading after the cell carrier said it continued to gain wireless customers in the fourth quarter but reported earnings that missed analysts' estimates. T-Mobile's shares, which edged higher in the regular session, were recently down about 3%. From the numbers: + Fourth-quarter profit was $2.01 billion, or $1.67 a share, compared with $1.48 billion, or $1.18 a share, a year earlier.

  • Reuters

    T-Mobile delivers strong subscriber growth, forecast on 'differentiated' offering

    Shares of the company, however, fell nearly 3% in extended trading, after a miss on profit target for the fourth quarter. The company expects to add 5 million to 5.5 million subscribers in the full-year 2024, beating Wall Street expectations of 2.67 million, according to FactSet. "We have growth opportunities in other areas like smaller markets and rural areas, which is 40% of the U.S. population, and where we continue to see growth," Chief Financial Officer Peter Osvaldik said in an interview.

  • Barrons.com

    These Stocks Moved the Most Today: Tesla, IBM, Humana, United Rentals, Boeing, American Airlines, PayPal, and More

    Tesla warns of slowing growth in 2024, IBM sees a surge in demand for its artificial-intelligence software and services businesses, Humana posts a surprise fourth-quarter loss, and the FAA halts expansion in production of Boeing’s 737 MAX.

  • Benzinga

    Earn a 3.5% Dividend Yield from T-Mobile Stock Using This Hack

    T-Mobile (NASDAQ:TMUS), also known as the "Un-carrier," is one of the largest providers of telecommunications services in the United States, with 117.9 million customers as of its third quarter ended September 30, 2023. While its stock has had an incredible run over the last decade, returning nearly 400% since January 2014, it's not as great of a growth story today as it once was. While it may be a reasonable stock for value investors to consider, income investors were recently able to put T-Mob

  • The Wall Street Journal

    Jamie Dimon Shakes Up JPMorgan’s Leadership Once Again

    Daniel Pinto, who is Dimon’s right hand as president and chief operating officer, is giving up day-to-day control of the corporate and investment bank. Dimon said he and Pinto would continue to “jointly manage our company.” The surprise twist is who is taking over for Pinto: a duo of Jennifer Piepszak, who will move from the consumer-banking side of the house, and Troy Rohrbaugh, who has been running the markets division.

  • Bloomberg

    T-Mobile Earnings Miss Overshadows Strong Subscriber Boost

    (Bloomberg) -- T-Mobile US Inc. reported earnings that missed analysts’ estimates, overshadowing a surprisingly strong increase in new mobile phone subscribers.Most Read from BloombergTesla Sinks After Warning About ‘Notably Lower’ Growth RatePutin Sends US Signal on Ukraine Talks, Sensing Advantage in WarUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearMicrosoft Cuts 1,900 Jobs in Gaming, Including at ActivisionThe No. 2 wireless carrier reported earnings per share of $1.67 in the

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