PREVIEW: T-Mobile climbs ahead of quarterly results, focus on subscriber growth

T-Mobile TMUS.O shares rising 1.3% on Thurs ahead of qtrly results after the bell, with investors eyeing subscriber growth

In January, TMUS forecast wireless subscriber growth that was double Wall Street estimates, lifted by strong demand for its premium 5G plans

Analysts expect qtrly rev up 5.2% to $20.62 bln, with adjusted EPS seen at $2.46 vs $2.00 yr-ago, per LSEG

TMUS stock has advanced about 19% YTD, outperforming Nasdaq .IXIC, which has fell 11%

Stock recently traded at 23 times expected earnings, lower than its five-year avg forward PE of 31

In past 30 days, six out of 28 analysts raised EPS estimates for qtr, while seven revised downwards, indicating mixed sentiment