NEW YORK (TheStreet) --T-Mobile (TMUS) - Get Report reported second quarter earnings for 2016 which beat analyst expectations Wednesday morning. The company posted earnings per share of 25 cents, above the projected 21 cents per share. Revenue came in at $9.2 billion, beating estimates of $9 billion.
T-Mobile CFO Braxton Carter joined CNBC's "Power Lunch" to breakdown the report.
"T-Mobile has once again captured all of the growth in the postpaid phone, the most valuable segment in the market in the second quarter, over 100%," Carter said.
The mobile carrier's CFO also mentioned the 13 million subscribers T-Mobile added in the quarter, making it the 13th consecutive quarter the company has increased its subscriptions by 13 million.
"We're very innovative we are the first company to offer stock to existing customers as well as an additional share of stock for every customer who is referred to us," Carter added.
Additionally, "we have just recorded the best churn in the company's history, so we're very pleased," Carter said, before explaining the company's key demographic.
"T-Mobile is the "uncarrier", we are what every other national carrier isn't, and we certainly have broad based appeal against all segments. But millennials, remain extremely important to us," Carter explained, noting the success within the millennial demographic T-Mobile has had.
Additional figures which point to T-Mobile's success within the report are a 12.8% year-over-year increase in revenue, a reported 35% increase in the company's EBITDA and solid profitability beating consensus on EPS.
"The financial metrics are just incredible," Carter said.
Separately, TheStreet Ratings rates T-Mobil as a "Buy" with a ratings score of "B." This is driven by a few notable strengths, which TheStreet Ratings believes should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks TheStreet Ratings covers.
The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. TheStreet Ratings feels its strengths outweigh the fact that the company has had generally high debt management risk by most measures that TheStreet Ratings evaluated.
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: TMUS