NASDAQ$TMUS
T-Mobile Us Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
T-Mobile reported industry-leading customer growth and record financial performance.
T-Mobile reported a record-setting first quarter in 2020, delivering industry-leading customer growth and record financials. The company completed its merger with Sprint on April 1, 2020.
- Branded postpaid net additions were 777,000, the best in the industry.
- Branded postpaid phone net additions reached 452,000, leading the industry.
- Total branded net additions totaled 649,000, the highest in the industry.
- Record service revenues of $8.7 billion, up 5% year-over-year.
Headline financials
Revenue & EPS history
T-Mobile · Revenue · Quarterly
$11.1B
Revenue by segment
T-Mobile · $5.9B total across 1 segment · Q1 2020
- Postpaid Service Revenue$5.9B—100.0%
Forward guidance
Due to uncertainty around the ongoing impact of COVID-19, purchase price accounting and accounting policy alignment work and conforming legacy Sprint key performance indicators to T-Mobile policies, the guidance for the New T-Mobile is for Q2 2020 only.
Tailwinds
- Expect postpaid net customer additions between 0 and 150,000 in Q2 2020.
- Adjusted EBITDA is expected to be in the range of $6.2 to $6.5 billion in Q2 2020.
- Adjusted EBITDA target includes leasing revenues of $1.3 billion to $1.4 billion.
- Free Cash Flow, including payments for merger-related costs and COVID-19-related costs, but excluding $2.3 billion in gross payments for the settlement of interest rate swaps, is expected to be in the range of $1.3 to $1.5 billion.
Headwinds
- The business, liquidity, financial condition, and operating results are expected to continue to be adversely impacted by the COVID-19 pandemic for the remainder of 2020 and potentially thereafter.
- Lower net customer additions, equipment revenues and cost of equipment sales, and higher bad debt expense.
- Continued costs to protect and support employees and customers, which will increase from the costs incurred during the first quarter of 2020.
- Potential disruptions in the supply chains.
- Uncertainties related to COVID-19 may also adversely impact the Q2 guidance provided.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+1.8%
Avg return
Earnings day
+2.8%
Avg return
5 days after
+3.0%
Avg return
30 days after
62%
42 / 68 earnings
Positive
+43.9%
Q2 2012
Best reaction
-11.2%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.3% | +4.1% | +0.3% | |
| Q4 2025 | +5.1% | +10.1% | +9.0% | |
| Q3 2025 | -4.0% | -3.3% | -7.9% | |
| Q2 2025 | +1.7% | +3.5% | -3.4% | |
| Q1 2025 | -11.2% | -5.8% | -7.4% | |
| Q3 2024 | +6.6% | +4.0% | +8.8% | |
| Q2 2024 | +6.7% | +6.6% | +13.3% | |
| Q1 2024 | -0.1% | -0.0% | +1.1% | |
| Q4 2023 | +0.1% | -0.2% | +1.4% | |
| Q3 2023 | +1.3% | +0.4% | +5.6% | |
| Q2 2023 | -0.2% | -2.7% | -5.5% | |
| Q1 2023 | -3.0% | -5.3% | -8.9% | |
| Q4 2022 | -1.6% | -4.9% | -5.0% | |
| Q3 2022 | +7.2% | +8.1% | +7.2% | |
| Q2 2022 | +5.8% | +7.4% | +6.8% | |
| Q1 2022 | +5.9% | +1.2% | +7.3% | |
| Q4 2021 | +10.3% | +11.4% | +12.5% | |
| Q3 2021 | +5.2% | +5.9% | -4.7% | |
| Q2 2021 | -0.8% | -0.4% | -4.6% | |
| Q1 2021 | +2.0% | +5.8% | +8.3% | |
| Q4 2020 | -3.2% | -3.8% | -3.6% | |
| Q3 2020 | +6.5% | +4.9% | +13.6% | |
| Q2 2020 | +6.7% | +5.3% | +5.9% | |
| Q1 2020 | +7.1% | +8.7% | +13.7% | |
| Q4 2019 | +4.5% | +15.5% | +7.4% | |
| Q3 2019 | +0.2% | +1.0% | -3.2% | |
| Q2 2019 | +4.5% | +0.9% | -5.1% | |
| Q1 2019 | -0.6% | -0.5% | +5.4% | |
| Q4 2018 | +2.2% | +4.0% | +5.5% | |
| Q3 2018 | +5.6% | +5.5% | +5.8% | |
| Q2 2018 | +3.6% | +10.5% | +10.1% | |
| Q1 2018 | -5.9% | -5.4% | -7.9% | |
| Q4 2017 | -4.6% | -7.0% | +5.1% | |
| Q3 2017 | +3.0% | +4.1% | +1.5% | |
| Q2 2017 | -0.4% | +1.9% | +2.6% | |
| Q1 2017 | +4.1% | +4.0% | +4.9% | |
| Q4 2016 | +0.7% | +5.0% | +2.4% | |
| Q3 2016 | +6.1% | +5.6% | +16.2% | |
| Q2 2016 | +2.8% | +4.6% | +2.2% | |
| Q1 2016 | -3.6% | — | — | |
| Q4 2015 | +0.5% | — | — | |
| Q3 2015 | -5.0% | — | — | |
| Q2 2015 | +9.8% | — | — | |
| Q1 2015 | +1.6% | — | — | |
| Q4 2014 | +3.1% | — | — | |
| Q3 2014 | +2.6% | — | — | |
| Q2 2014 | +8.0% | — | — | |
| Q1 2014 | +9.3% | — | — | |
| Q4 2013 | -6.1% | — | — | |
| Q3 2013 | -1.1% | — | — | |
| Q2 2013 | +5.1% | — | — | |
| Q1 2013 | +1.4% | — | — | |
| Q4 2012 | +3.5% | — | — | |
| Q3 2012 | -3.6% | — | — | |
| Q2 2012 | +43.9% | — | — | |
| Q1 2012 | +1.0% | — | — | |
| Q4 2011 | -1.4% | — | — | |
| Q3 2011 | +0.8% | — | — | |
| Q2 2011 | -9.3% | — | — | |
| Q4 2010 | -9.3% | — | — | |
| Q1 2010 | -0.8% | — | — | |
| Q1 2011 | +1.0% | — | — | |
| Q4 2008 | -1.4% | — | — | |
| Q3 2010 | +7.4% | — | — | |
| Q3 2009 | +7.4% | — | — | |
| Q4 2009 | -7.1% | — | — | |
| Q2 2010 | -7.1% | — | — | |
| Q2 2009 | -7.1% | — | — |
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