Analysts forecast that T-Mobile US, Inc. (NASDAQ:TMUS – Get Rating) will report sales of $20.12 billion for the current fiscal quarter, Zacks reports. Fourteen analysts have made estimates for T-Mobile US’s earnings. The lowest sales estimate is $19.54 billion and the highest is $20.59 billion. T-Mobile US reported sales of $19.95 billion in the same quarter last year, which indicates a positive year over year growth rate of 0.9%. The company is expected to issue its next quarterly earnings report on Monday, January 1st.
According to Zacks, analysts expect that T-Mobile US will report full-year sales of $81.74 billion for the current fiscal year, with estimates ranging from $79.49 billion to $84.64 billion. For the next fiscal year, analysts anticipate that the firm will post sales of $84.01 billion, with estimates ranging from $81.48 billion to $88.26 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that that provide coverage for T-Mobile US.
T-Mobile US (NASDAQ:TMUS – Get Rating) last posted its quarterly earnings results on Wednesday, April 27th. The Wireless communications provider reported $0.57 EPS for the quarter, beating the consensus estimate of $0.41 by $0.16. T-Mobile US had a net margin of 3.49% and a return on equity of 5.46%. The business had revenue of $20.12 billion for the quarter, compared to analysts’ expectations of $20.14 billion. During the same period in the previous year, the company posted $0.92 EPS. T-Mobile US’s revenue was up 1.8% on a year-over-year basis.
T-Mobile US stock opened at $126.80 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.81 and a debt-to-equity ratio of 1.06. T-Mobile US has a 12 month low of $101.51 and a 12 month high of $150.20. The company’s fifty day simple moving average is $128.05 and its 200-day simple moving average is $120.38. The stock has a market cap of $158.41 billion, a P/E ratio of 56.61, a P/E/G ratio of 1.75 and a beta of 0.51.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Los Angeles Capital Management LLC raised its position in shares of T-Mobile US by 19.6% during the first quarter. Los Angeles Capital Management LLC now owns 4,238 shares of the Wireless communications provider’s stock valued at $544,000 after buying an additional 694 shares during the last quarter. Freemont Management S.A. acquired a new position in shares of T-Mobile US during the first quarter valued at about $2,747,000. Motco raised its position in shares of T-Mobile US by 11.0% during the first quarter. Motco now owns 60,936 shares of the Wireless communications provider’s stock valued at $7,821,000 after buying an additional 6,050 shares during the last quarter. Arete Wealth Advisors LLC increased its stake in T-Mobile US by 5.1% in the first quarter. Arete Wealth Advisors LLC now owns 4,291 shares of the Wireless communications provider’s stock valued at $551,000 after acquiring an additional 210 shares during the period. Finally, Twin Capital Management Inc. increased its stake in T-Mobile US by 36.0% in the first quarter. Twin Capital Management Inc. now owns 24,283 shares of the Wireless communications provider’s stock valued at $3,117,000 after acquiring an additional 6,427 shares during the period. 45.24% of the stock is owned by institutional investors and hedge funds.
T-Mobile US Company Profile (Get Rating)
T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to 108.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories.
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