T-Mobile US (NASDAQ:TMUS) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
T-Mobile US announced earnings per share of $0.87 on revenue of $11.88B. Analysts polled by anticipated EPS of $0.83 on revenue of $11.82B. That with comparison to EPS of $0.75 on revenue of $11.45B in the same period a year before. T-Mobile US had reported EPS of $1.01 on revenue of $11.06B in the previous quarter. Analysts are expecting EPS of $1.07 and revenue of $11.56B in the upcoming quarter.
T-Mobile US shares are up 5.55% from the beginning of the year , still down 2.87% from its 52 week high of $85.22 set on July 26, 2019. They are under-performing the NASDAQ 100 which is up 7.31% year to date.
T-Mobile US shares gained 0.28% in after-hours trade after the report.
T-Mobile US follows other major Services sector earnings this month
T-Mobile US's report follows an earnings beat by Amazon.com on January 30, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.04 on revenue of $86.03B.
Visa A had matched expectations on January 30 with first quarter EPS of $1.46 on revenue of $6.05B, compared to forecast for EPS of $1.46 on revenue of $6.08B.
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