Bellevue, Washington-based T-Mobile US, Inc. (TMUS) provides wireless communications services in the United States and internationally. With a market cap of $269.6 billion, the company offers voice, messaging, and data services to postpaid, prepaid, wholesale, and other services to customers.

The telecom giant is expected to announce its fiscal Q2 earnings results on Wednesday, July 23, after the market closes. Ahead of this event, analysts expect the company to report a profit of $2.69 per share, up 8% from $2.49 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the past four quarters, which is impressive.

For fiscal 2025, analysts expect TMUS to report an EPS of $10.56, up 9.3% year over year from $9.66 in fiscal 2024. Moreover, in FY2026, the company’s EPS is expected to increase 19% annually to $12.57. 

TMUS stock has surged 34.9% over the past 52 weeks, outperforming the Communication Services Select Sector SPDR ETF Fund’s (XLC) 25.5% surge and the S&P 500 Index’s ($SPX) 13.4% uptick during the same time frame.

On Apr. 24, TMUS stock surged 1.1% following the release of its Q1 earnings. The company’s revenue increased 6.6% year-over-year to $20.9 billion and topped the Street’s estimates. Moreover, its adjusted earnings of $2.58 per share rose 29% from the prior year’s quarter and exceeded the consensus estimates by 5.3%.

Wall Street analysts are somewhat bullish about TMUS’ stock, with a "Moderate Buy" rating overall. Among 27 analysts covering the stock, 16 recommend "Strong Buy," two suggest a “Moderate Buy,” eight suggest a “Hold,” and one suggests “Strong Sell.” TMUS’ average analyst price target of $271.76 indicates a potential upside of 12.9% from the current levels.