TMUS Earnings Play
TMUS has been trading in incrementally higher ranges and breaking out to new highs on earnings these last couple quarters.
I believe this will likely happen again given that TMUS has a trailing four-quarter positive earnings surprise of 152.9% on average and will likely be bolstered by their 5G deployments and customer additions.
In terms of valuation, the P/E and P/S ratios are relatively unchanged from last quarter, indicating that a beat may not already be priced in.
I believe this will likely happen again given that TMUS has a trailing four-quarter positive earnings surprise of 152.9% on average and will likely be bolstered by their 5G deployments and customer additions.
In terms of valuation, the P/E and P/S ratios are relatively unchanged from last quarter, indicating that a beat may not already be priced in.
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