T-Mobile US, Inc.(TMUS)Earnings Date, History & Expected Move

Next report date, beat rate and options-implied move

Next report

Oct 28, 2026

TMUS is scheduled to report on Oct 28, 2026, after the market closes. Analysts expect EPS of $2.97.

Next report

Oct 28, 2026

In 4 days · after close

EPS beat rate

83%

10 of 12 quarters

Avg move after earnings

±4.9%

Up 50% of the time · last 12

Options-implied move

±6.1%

1.25x history · options look expensive

Options look expensive vs history (1.25x)

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EPS: Actual vs Estimate

Reported EPS against the consensus estimate, last 12 quarters.

Green beat or met, red missed, amber sources differ.

Stock Reaction After Earnings

Close-to-close move in the first session that reflected each report.

Dashed lines: average actual move (±4.9%) and what options price for the next report (±6.1%).

Did the stock rise after good news?

The next-day move after each of its last 10 EPS beats and 2 misses.

When it beat expectations

10 reports

▲ Rose 5×

▼ Fell 5×

When it missed expectations

2 reports

▲ Rose 1×

▼ Fell 1×

In plain words: it beat expectations 10 times, but the stock still fell 5 of those 10 times.

Report by report

Jul '26
Beat
▼ -10.7%
Apr '26
Beat
▲ +6.1%
Feb '26
Missed
▲ +5.1%
Oct '25
Beat
▼ -3.3%
Jul '25
Beat
▲ +5.8%
Apr '25
Beat
▼ -11.2%
Jan '25
Beat
▲ +6.3%
Oct '24
Beat
▲ +5.7%
Jul '24
Beat
▲ +3.9%
Apr '24
Beat
▼ -0.1%
Jan '24
Missed
▼ -0.2%
Oct '23
Beat
▼ -0.1%

Clear beats and misses with a known reaction only. What counts as a beat

After an EPS beat

+0.3%

average next-day move · up 50% of 10 times

After an EPS miss

+2.4%

average next-day move · up 50% of 2 times

Why did TMUS fall after beating earnings?

6 of TMUS's last 12 reactions went against the EPS result. What stands out in each:

TMUS beat EPS estimates in 10 quarters, and the stock still closed lower the next day 5 times.

Jul 23, 2026EPS beat +15.0%stock -10.7% next day
- It opened 8.0% lower as soon as trading resumed.
Oct 23, 2025EPS beat +0.4%stock -3.3% next day
- The EPS beat was small (+0.4%).
Apr 24, 2025EPS beat +4.5%stock -11.2% next day
- It opened 7.3% lower as soon as trading resumed.
Apr 25, 2024EPS beat +7.5%stock -0.1% next day
- It opened 1.1% lower as soon as trading resumed.
Oct 25, 2023EPS beat +5.8%stock -0.1% next day
- It opened 1.5% higher, but sellers took over and it closed -0.1%.

Rose despite an EPS miss (1 of 2)

Feb 11, 2026EPS missed -8.7%stock +5.1% next day
Nothing in the price and estimate numbers we track stands out for this one. Guidance and management comments are not part of our data.

Patterns in estimates and prices, not confirmed causes: how we read them.

Was TMUS's earnings move already priced in?

TMUS's move in the month before each of its last 12 reports, against what it did after.

Avg move in the month before

0.0%

last 12 reports

Higher before the report

58%

of the time

After a run-up of 3%+

Fell 67%

3 reports, avg -1.8%

How the run-up is measured (a move of 5% or more counts as large).

Before vs after each report

Grey: the month before each of the last 12 reports. Green or red: the day after.

Past reports only. How the run-up is measured

Does TMUS hold its opening gap after earnings?

TMUS's opening move after each report and where it closed that day.

In 11 reports TMUS opened at least 1% away from the previous close. It gave back half or more of that gap by the close 4 of 11 times (36%), and fully reversed 2 times. Gaps up faded 1 of 6; gaps down recovered 3 of 5.

Jul 23, 2026Held
Opened -8.0%, closed -10.7%
Apr 28, 2026Held
Opened +3.8%, closed +6.1%
Feb 11, 2026Reversed
Opened -4.1%, closed +5.1%
Jul 23, 2025Held
Opened +4.3%, closed +5.8%
Apr 24, 2025Held
Opened -7.3%, closed -11.2%
Jan 29, 2025Held
Opened +7.6%, closed +6.3%
Oct 23, 2024Held
Opened +1.1%, closed +5.7%
Jul 31, 2024Held
Opened +2.8%, closed +3.9%

How gaps, fades and reversals are defined

What the history says

It fell after 5 of its 10 EPS beats (50%): beating estimates has not been enough on its own.
Options price a ±6.1% move, 1.25x its usual ±4.9%: the market expects more volatility than TMUS has typically delivered.

TMUS earnings history

Last 12 reported quarters with the stock's reaction.

Swipe sideways to see every column →

Report date	Time	EPS est.	EPS actual	Surprise	1-day move	3-day move
Jul 23, 2026	Before open	$2.60	$2.99	+15.0%	-10.75%	-7.19%
Apr 28, 2026	After close	$2.11	$2.77	+31.3%	+6.13%	+5.00%
Feb 11, 2026	Before open	$2.06	$1.88	-8.7%	+5.07%	+10.06%
Oct 23, 2025	Before open	$2.40	$2.41	+0.4%	-3.26%	-2.96%
Jul 23, 2025	After close	$2.68	$2.85	+6.3%	+5.80%	+1.82%
Apr 24, 2025	After close	$2.47	$2.58	+4.5%	-11.22%	-7.85%
Jan 29, 2025	Before open	$2.28	$2.57	+12.7%	+6.34%	+5.35%
Oct 23, 2024	After close	$2.42	$2.61	+7.9%	+5.71%	+3.10%
Jul 31, 2024	Before open	$2.27	$2.49	+9.7%	+3.95%	+7.64%
Apr 25, 2024	After close	$1.86	$2.00	+7.5%	-0.05%	+0.07%
Jan 25, 2024	After close	$1.90	$1.67	-12.1%	-0.25%	-0.53%
Oct 25, 2023	Before open	$1.89	$2.00	+5.8%	-0.06%	-0.76%

Consensus for the next report: EPS $2.97, revenue $23.60B.

TMUS Earnings FAQ

Answers computed from T-Mobile US, Inc.'s reported history

TMUS is scheduled to report on Oct 28, 2026, after the market closes. Analysts expect EPS of $2.97.

Over the last 12 quarters with a usable EPS surprise, TMUS beat the consensus estimate 10 times (83%), missed 2 and landed in line 0. It has beaten estimates in each of the last 2 counted quarters.

Across its last 12 quarters with a measured reaction, TMUS moved an average of ±4.9% in the first session after reporting. It closed higher 50% of the time; the largest gain was 6.3% and the largest drop -11.2%.

Options currently price a move of about ±6.1% (nearest at-the-money straddle that expires after the report). It measures the size of the expected move, not its direction. That is 1.25x its average historical move of ±4.9%, so options look expensive relative to history.

TMUS fell in the first session after 5 of its last 10 EPS beats (50%). A beat that was already priced in, or weaker guidance, can send a stock lower.

Across its last 12 quarters with price data, TMUS moved an average of 0.0% in the 20 trading sessions before reporting and was higher in 58% of them. After a run-up of 3% or more (3 quarters), it fell the next day 67% of the time, averaging -1.8%. This describes past reports; it is not a forecast.

In 11 reports TMUS opened at least 1% away from the previous close. It gave back half or more of that gap by the close 4 of 11 times (36%), and fully reversed 2 times. A fade means the opening move was partly undone during the first session.

How we calculate these numbers · TMUS: 12 reported quarters, latest Jul 23, 2026. Information only, not investment advice.

Earnings this week

Every report this week with expected moves.

Biggest expected earnings moves

Options-implied vs historical move, ranked.