How did T-Mobile US's service revenue perform in Q4 2024?
3/30/2025 12:13am
**T-Mobile US's service revenue performance in Q4 2024 was not disclosed**, but the company reported its service revenues for Q3 2024, achieving $16.7 billion, marking a 5% year-over-year increase but falling short of the estimated $19.5 billion.
1. **Comparison with Estimates**: Service revenues in Q3 2024 missed the estimated $19.5 billion by approximately $2.8 billion. This shortfall may raise questions about the factors influencing revenue performance, such as market conditions, competitive dynamics, or internal strategies.
2. **Year-over-Year Increase**: Despite the shortfall, T-Mobile US reported a 5% year-over-year increase in service revenues, indicating a growing trend over the past year. This suggests that while the company has not yet reached its full potential in terms of revenue, it is moving in a positive direction.
3. **Financial Performance**: T-Mobile US's net income for Q3 2024 was reported at $3.1 billion, reflecting a significant 43% growth compared to the previous year. The GAAP EPS reached $2.61, showing a 43% increase year-over-year, surpassing the analyst estimate of $2.27. These figures highlight the company's strong profitability and return on equity of 16.35%.
4. **Investor Confidence and Analyst Forecasts**: Institutional investors have shown confidence in T-Mobile US, with several hedge funds increasing their holdings. Analysts have raised their forecasts after the company's strong earnings, indicating a positive outlook for the company's future performance.
In conclusion, while T-Mobile US's service revenue in Q4 2024 was not disclosed, the company's performance in Q3 2024 showed a notable 5% year-over-year increase, strong net income growth, and an impressive EPS. These factors, along with positive analyst forecasts and increased investor confidence, suggest a promising outlook for T-Mobile US's service revenue in the coming quarters, despite the unavailability of specific Q4 data.