T-Mobile reports Q3 EPS $2.41, consensus $2.40

Reports Q3 revenue $21.96B, consensus $21.98B. Reports Q3: “Total postpaid net customer additions of 2.3 million, best-ever and best in industry. Postpaid phone net customer additions of 1.0 million, highest Q3 in over a decade and best in industry. Postpaid net account additions of 396 thousand, up 26% year-over-year, best-ever and best in industry. Total broadband net customer additions of 560 thousand, up 34% year-over-year, best in industry, including 506 thousand 5G broadband net customer additions, up 22% year-over-year, and 54 thousand fiber net customer additions.” “Being the CEO of T-Mobile (TMUS) has been the honor of a lifetime. Together this team has done what most thought was impossible, by transforming the Un-carrier from a scrappy challenger into the world’s most successful and customer-centric telecommunications company, going from last to first with the best network, the best value, and the best customer experience in the market,” said Mike Sievert, CEO of T-Mobile. “I’ve never been more confident that the durable, profitable growth engine we’ve built, with so much more room to run – fueled by Srini’s enormous passion and exceptional leadership – will continue to propel T-Mobile forward for years to come. This team has redefined what’s possible in wireless and beyond, and the best is yet to come.”