Published on 20 Jan 2022 on Zacks via Yahoo Finance
T-Mobile (TMUS) Dips More Than Broader Markets: What You Should Know
T-Mobile (TMUS) closed the most recent trading day at $105.38, moving -1.43% from the previous trading session. This change lagged the S&P 500's 0.97% loss on the day. Meanwhile, the Dow lost 0.96%, and the Nasdaq, a tech-heavy index, added 0.23%.
Coming into today, shares of the wireless carrier had lost 11.72% in the past month. In that same time, the Computer and Technology sector lost 4.93%, while the S&P 500 lost 0.78%.
Wall Street will be looking for positivity from T-Mobile as it approaches its next earnings report date. In that report, analysts expect T-Mobile to post earnings of $0.16 per share. This would mark a year-over-year decline of 84.47%. Our most recent consensus estimate is calling for quarterly revenue of $21.17 billion, up 4.09% from the year-ago period.