BELLEVUE, Wash. (AP) — BELLEVUE, Wash. (AP) — T-Mobile US Inc. (TMUS) on Wednesday reported fourth-quarter net income of $2.98 billion.
The Bellevue, Washington-based company said it had net income of $2.57 per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.17 per share.
The wireless carrier posted revenue of $21.87 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $21.17 billion.
For the year, the company reported profit of $11.34 billion, or $9.66 per share. Revenue was reported as $81.4 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TMUS at https://www.zacks.com/ap/TMUS
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