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Stock impact report

T-Mobile Stock Has Traded Sideways This Year. Will It See Gains Following Q1 Results? [Forbes]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
Company Research Source: Forbes
The cell phone carrier announced that it plans to lay off 7% of its workforce or 5,000 employees. (Photo by Anna Moneymaker/Getty Images) T-Mobile is set to report its Q1 2024 results on April 25. We expect the carrier's earnings to come in at $1.88 per share, roughly in line with the consensus estimate. This would mark a growth of about 18% versus the previous year. We project that revenue will stand at about $19.90 billion, slightly ahead of the consensus, although this would remain roughly flat versus last year, due to potentially weaker equipment sales. So, what are some of the key trends that are likely to drive earnings? See our analysis T-Mobile Earnings Preview for more details. T-Mobile has been seeing strong momentum with its postpaid business. Over Q4 2023, the carrier added a total of 934,000 postpaid phone customers and added 3.1 million customers during 2023, leading the industry. In comparison, Verizon added just about 449,000 postpaid phone connections, while AT&T Show less Read more
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