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Here's Why T-Mobile Could Repeat Its 20% Gain From Last Year (or Do Better)

Billy Duberstein, The Motley Fool
·5-min read
Here's Why T-Mobile Could Repeat Its 20% Gain From Last Year (or Do Better)

While the S&P 500 (SNPINDEX: ^GSPC) fell 18.1% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) fell a brutal 32.5% in 2022, telecom winner T-Mobile (NASDAQ: TMUS) managed to defy gravity and log a 20.7% return last year. While there were some mixed numbers within the report, the overall guidance pointed to a potential repeat performance in the coming year, mainly due to management's forecast for a massive 75% acceleration in free cash flow. In terms of headline numbers, T-Mobile beat consensus expectations for earnings per share, while slightly missing on revenues.

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