T-Mobile US, Inc. (NASDAQ:TMUS) to Post Q4 2023 Earnings of $1.71 Per Share, Zacks Research Forecasts

T-Mobile US, Inc. (NASDAQ:TMUSFree Report) – Equities researchers at Zacks Research increased their Q4 2023 earnings per share (EPS) estimates for shares of T-Mobile US in a report released on Monday, September 4th. Zacks Research analyst A. Chatterjee now expects that the Wireless communications provider will post earnings per share of $1.71 for the quarter, up from their prior forecast of $1.70. The consensus estimate for T-Mobile US’s current full-year earnings is $7.31 per share. Zacks Research also issued estimates for T-Mobile US’s Q2 2025 earnings at $2.64 EPS.

T-Mobile US (NASDAQ:TMUSGet Free Report) last posted its earnings results on Thursday, July 27th. The Wireless communications provider reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.71 by $0.15. The company had revenue of $19.20 billion during the quarter, compared to the consensus estimate of $19.36 billion. T-Mobile US had a net margin of 7.82% and a return on equity of 9.02%. The firm’s quarterly revenue was down 2.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.43 earnings per share.

Several other analysts have also issued reports on TMUS. Wolfe Research upgraded shares of T-Mobile US from a “peer perform” rating to an “outperform” rating and set a $160.00 target price on the stock in a research report on Thursday, June 8th. Barclays raised shares of T-Mobile US from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, August 8th. Morgan Stanley boosted their target price on T-Mobile US from $178.00 to $179.00 and gave the stock an “overweight” rating in a report on Thursday, August 3rd. HSBC cut their price objective on shares of T-Mobile US from $185.00 to $165.00 in a research report on Monday, June 5th. Finally, StockNews.com initiated coverage on shares of T-Mobile US in a report on Thursday, August 17th. They set a “hold” rating for the company. Two research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $182.55.

Get Our Latest Stock Report on TMUS

T-Mobile US Stock Performance

TMUS opened at $137.28 on Thursday. The stock has a market cap of $161.50 billion, a P/E ratio of 27.35 and a beta of 0.55. The firm has a fifty day moving average price of $137.88 and a 200 day moving average price of $140.11. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.82 and a quick ratio of 0.77. T-Mobile US has a 1 year low of $124.92 and a 1 year high of $154.38.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. ARS Investment Partners LLC grew its stake in shares of T-Mobile US by 1.2% in the first quarter. ARS Investment Partners LLC now owns 5,951 shares of the Wireless communications provider’s stock valued at $862,000 after buying an additional 71 shares in the last quarter. Wealthcare Advisory Partners LLC increased its holdings in T-Mobile US by 2.6% in the first quarter. Wealthcare Advisory Partners LLC now owns 2,868 shares of the Wireless communications provider’s stock valued at $415,000 after buying an additional 72 shares during the last quarter. TrinityPoint Wealth LLC raised its position in shares of T-Mobile US by 0.7% during the 2nd quarter. TrinityPoint Wealth LLC now owns 11,013 shares of the Wireless communications provider’s stock valued at $1,530,000 after acquiring an additional 77 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in T-Mobile US by 5.0% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,629 shares of the Wireless communications provider’s stock worth $236,000 after buying an additional 78 shares during the last quarter. Finally, Cooper Financial Group increased its holdings in shares of T-Mobile US by 2.5% in the 1st quarter. Cooper Financial Group now owns 3,247 shares of the Wireless communications provider’s stock worth $470,000 after acquiring an additional 78 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In related news, Director Raul Marcelo Claure sold 192,600 shares of the stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $130.01, for a total transaction of $25,039,926.00. Following the completion of the transaction, the director now directly owns 1,844,088 shares of the company’s stock, valued at $239,749,880.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Jon Freier sold 15,000 shares of the business’s stock in a transaction dated Monday, July 10th. The shares were sold at an average price of $140.00, for a total value of $2,100,000.00. Following the completion of the transaction, the insider now owns 190,901 shares of the company’s stock, valued at approximately $26,726,140. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Raul Marcelo Claure sold 192,600 shares of the company’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $130.01, for a total value of $25,039,926.00. Following the completion of the transaction, the director now owns 1,844,088 shares of the company’s stock, valued at $239,749,880.88. The disclosure for this sale can be found here. Insiders sold 227,600 shares of company stock worth $29,906,726 over the last 90 days. 0.70% of the stock is currently owned by insiders.

About T-Mobile US

(Get Free Report)

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; leasing through JUMP! On Demand; and High Speed Internet services.

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Earnings History and Estimates for T-Mobile US (NASDAQ:TMUS)

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