T-Mobile Analysts Cut Their Forecasts After Q2 Results

T-Mobile US Inc. (NASDAQ: TMUS) on Thursday reported mixed second-quarter results . T-Mobile reported adjusted earnings of $2.99 per share, topping the analyst consensus estimate of $2.58, according to Benzinga Pro. Revenue increased to $22.79 billion from $21.13 billion a year earlier but missed the Street estimate of $22.94 billion. T-Mobile reaffirmed its full-year outlook for postpaid net account additions of 950,000 to 1.05 million. The company continues to expect core adjusted EBITDA, which excludes lease revenues, of $37.1 billion to $37.5 billion. T-Mobile raised its forecast for net cash provided by operating activities, including net payments related to the UScellular merger, to $28.4 billion to $28.8 billion, from its prior outlook of $28.1 billion to $28.7 billion. T-Mobile shares rose 0.9% to $171.95 in pre-market...