This content was made for video and podcast format:
Shares of T-Mobile (#TMUS) are up nearly 3% in post-market after the company reported an earnings beat! The communications company announced Q1 GAAP EPS of $0.74 (beats by $0.18) and revenue of $19.8B (+78.4% Y/Y).
Compared to Verizon and AT&T, T-Mobile is an expensive stock. Justification for its high price tag might be supported by their high growth in 5G expansion and postpaid net adds. Should investor pay the hefty price for shares of TMUS?