CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Mobile rises after Q3 revenue beats estimates

By Reuters News

** 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

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk