Why T-Mobile US Stock Popped After Earnings
Shares of mobile phone service provider T-Mobile US (NASDAQ: TMUS) jumped 5% in early morning trading Wednesday in response to earnings news released right after market close Tuesday afternoon.
Analysts had forecast that T-Mobile would earn $0.57 per share on $18.9 billion in revenue for its first fiscal quarter of 2021. In fact, T-Mobile reported earnings of $0.74 per share and sales of $19.8 billion.
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Source Fool.com
