02.12.2021 17:31

Why Is T-Mobile (TMUS) Down 12.5% Since Last Earnings Report?

Folgen
Werbung
A month has gone by since the last earnings report for T-Mobile (TMUS). Shares have lost about 12.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is T-Mobile due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. T-Mobile Q3 Earnings Top Estimates, Revenues Up Y/YT-Mobile reported mixed third-quarter 2021 results, wherein the bottom line surpassed the Zacks Consensus Estimate but the top line missed the same. However, it continues to enjoy solid 5G traction across the United States with accretive customer growth, including higher postpaid net additions and record service revenues. Network integration progress drives higher merger synergies.Net IncomeNet income in the September quarter was $691 million or 55 cents per share compared with $1,253 million or $1 per share in the prior-year quarter. The year-over-year deterioration was primarily due to higher merger-related costs of $707 million. However, the bottom line beat the Zacks Consensus Estimate by a penny, delivering a surprise of 1.9%.RevenuesQuarterly total revenues inched up 1.8% year over year to $19,624 million, driven by continued customer growth and higher service revenues. However, the top line lagged the consensus estimate of $20,105 million.Segment ResultsTotal Service revenues grew 4.1% year over year to $14,722 million. Within it, postpaid revenues were $10,804 million, up 5.8% year over year. The company recorded 1.3 million postpaid net customer additions and 673 thousand postpaid phone net customer additions in the quarter. Postpaid phone average revenue per user (ARPU) declined 1% year over year to $48.06.Prepaid revenues were $2,481 million, up 4.1% year over year. Prepaid net customer additions were 66K in the quarter. Prepaid ARPU grew 2.6% to $39.49. Wholesale revenues were $944 million, up 1.5% year over year. Other service revenues were $493 million, down 20.1%.Equipment revenues totaled $4,660 million, down 5.9% year over year. Other revenues were $242 million, up 34.4%.Other DetailsTotal operating expenses increased to $18,040 million from $16,707 million in the year-ago quarter. This was mainly due to the higher selling, general & administrative expenses and cost of equipment sales. Operating income decreased to $1,584 million from $2,565 million. T-Mobile recorded an adjusted EBITDA of $6,811 million compared with $7,129 million a year ago. Merger-related costs were $955 million in the reported quarter.Cash Flow & LiquidityDuring the first nine months of 2021, T-Mobile generated $10,917 million of net cash from operating activities compared with $5,166 million in the prior-year period. Free cash flow (excluding gross payments for the settlement of interest rate swaps) was $4,534 million, up from $2,525 million. As of Sep 30, 2021, the company had $4,055 million in cash and cash equivalents with $66,645 million of long-term debt.2021 Outlook RaisedFor the third consecutive quarter, T-Mobile raised the outlook for full-year 2021. It expects postpaid net customer additions between 5.1 million and 5.3 million compared with the prior guidance of 5 million to 5.3 million. Core adjusted EBITDA (adjusted EBITDA less lease revenues) is estimated to be between $23.4 billion and $23.5 billion, up from the prior guidance of $23-$23.3 billion.The company anticipates cash from operating activities to be between $13.9 billion and $14 billion, an increase from the prior guidance of $13.6 billion to $13.9 billion. Capital expenditures are projected between $12.1 billion and $12.3 billion compared with the prior guidance of $12-$12.3 billion. Free cash flow is estimated between $5.5 billion and $5.6 billion, higher from the prior guidance of $5.2 billion to $5.5 billion. The company continues to make significant progress on integration activities. Nearly 53% of Sprint customers have been moved to the T-Mobile network.How Have Estimates Been Moving Since Then?It turns out, fresh estimates have trended downward during the past month. The consensus estimate has shifted -14.44% due to these changes.VGM ScoresAt this time, T-Mobile has a nice Growth Score of B, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a grade of B on the value side, putting it in the top 40% for this investment strategy.Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, T-Mobile has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.The only question is “Will you get into the right stocks early when their growth potential is greatest?”Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TMobile US, Inc. (TMUS): Free Stock Analysis Report To read this article on Zacks.com click here.
Weiter zum vollständigen Artikel bei "Zacks"
Quelle: Zacks

Nachrichten zu Deutsche Telekom AG

  • Relevant
  • Alle
  • vom Unternehmen
  • Peer Group
  • ?

Um Ihnen die Übersicht über die große Anzahl an Nachrichten, die jeden Tag für ein Unternehmen erscheinen, etwas zu erleichtern, haben wir den Nachrichtenfeed in folgende Kategorien aufgeteilt:

Relevant: Nachrichten von ausgesuchten Quellen, die sich im Speziellen mit diesem Unternehmen befassen

Alle: Alle Nachrichten, die dieses Unternehmen betreffen. Z.B. auch Marktberichte die außerdem auch andere Unternehmen betreffen

vom Unternehmen: Nachrichten und Adhoc-Meldungen, die vom Unternehmen selbst veröffentlicht werden

Peer Group: Nachrichten von Unternehmen, die zur Peer Group gehören

Analysen zu Deutsche Telekom AG

  • Alle
  • Buy
  • Hold
  • Sell
  • ?
13.01.2022Deutsche Telekom OutperformBernstein Research
27.12.2021Deutsche Telekom OutperformBernstein Research
20.12.2021Deutsche Telekom BuyJefferies & Company Inc.
16.12.2021Deutsche Telekom BuyJefferies & Company Inc.
08.12.2021Deutsche Telekom BuyJefferies & Company Inc.
13.01.2022Deutsche Telekom OutperformBernstein Research
27.12.2021Deutsche Telekom OutperformBernstein Research
20.12.2021Deutsche Telekom BuyJefferies & Company Inc.
16.12.2021Deutsche Telekom BuyJefferies & Company Inc.
08.12.2021Deutsche Telekom BuyJefferies & Company Inc.
12.05.2021Deutsche Telekom Equal weightBarclays Capital
21.04.2021Deutsche Telekom Equal weightBarclays Capital
22.03.2021Deutsche Telekom Equal weightBarclays Capital
09.03.2021Deutsche Telekom Equal weightBarclays Capital
26.02.2021Deutsche Telekom Equal weightBarclays Capital
30.03.2020Deutsche Telekom UnderweightBarclays Capital
18.03.2020Deutsche Telekom UnderweightBarclays Capital
04.03.2020Deutsche Telekom UnderweightBarclays Capital
20.02.2020Deutsche Telekom verkaufenBarclays Capital
19.02.2020Deutsche Telekom UnderperformJefferies & Company Inc.

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Deutsche Telekom AG nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"

Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"

Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"
mehr Analysen
Werbung
Werbung
Werbung
Werbung
Börse Stuttgart Anlegerclub
Werbung

Heute im Fokus

US-Börsen letztlich uneins -- DAX geht schwächer ins Wochenende -- WACKER CHEMIE übertrifft Erwartungen 2021 -- SAP zieht Tempo im Cloudgeschäft an -- JPMorgan, Citigroup, Wells Fargo, DWS im Fokus

AT&T und Dish geben Milliarden für Frequenzen für 5G-Dienste aus. Corona-Impfstoff von Novavax soll ab 21. Februar verfügbar sein. Drägerwerk mit Umsatzeinbußen. Wechsel im AUDI-Aufsichtsrat. Nagarro will Umsatz 2022 um fast ein Drittel steigern. Siemens-Kunden müssen wohl auf Steuerungs-Chips warten. EZB: Lagarde rechnet mit Inflationsrückgang 2022. Streit um Zukunft von Generali-Chef eskaliert im Verwaltungsrat.

Umfrage

Wo steht der DAX zum Jahresende 2022?

finanzen.net zero
finanzen.net zero

Oskar

ETF-Sparplan

Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.
Zur klassischen Ansicht wechseln