T-Mobile rises after Q3 revenue beats estimates

AT&T

29/10/2026 11:13

** Shares of US wireless telecommunications provider T-Mobile TMUS.O climb 3.5% to $153.25 premarket
** TMUS reports quarterly revenue of $23.58 billion, beating analysts' estimate of $23.14 billion - data compiled by LSEG
** Reports Q3 profit of $3.22 per share, compared with $2.41 per share a year earlier 
** Raises full-year core adjusted EBITDA forecast to $37.35 billion-$37.45 billion, from $37.1 billion-$37.5 billion previously 
** Says results were propped up by stronger postpaid business performance driven by higher premium-plan adoption and rate-plan modernization 
** Of 28 brokerages covering the stock, 24 rate it "buy" or higher and 4 "hold"; median PT is $231.94 - data compiled by LSEG 
** TMUS trades at 11.14 times expected earnings over the next 12 months, compared with 7.99 times for AT&T T.N and 8.21 times for Verizon VZ.N 
** As of last close, TMUS down over 27% YTD 

(Reporting by Jayasree Prabhu)
((jayasree.prabhu@thomsonreuters.com))