T-Mobile US, Inc. (NASDAQ:TMUS) Expected to Post Earnings of $0.49 Per Share

Wall Street analysts expect that T-Mobile US, Inc. (NASDAQ:TMUS – Get Rating) will announce earnings per share of $0.49 for the current fiscal quarter, Zacks reports. Fourteen analysts have provided estimates for T-Mobile US’s earnings, with the highest EPS estimate coming in at $1.46 and the lowest estimate coming in at ($0.10). T-Mobile US reported earnings of $0.78 per share during the same quarter last year, which indicates a negative year over year growth rate of 37.2%. The firm is expected to issue its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that T-Mobile US will report full year earnings of $2.69 per share for the current fiscal year, with EPS estimates ranging from $1.03 to $5.22. For the next financial year, analysts forecast that the business will report earnings of $5.96 per share, with EPS estimates ranging from $3.25 to $9.23. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that that provide coverage for T-Mobile US.

T-Mobile US (NASDAQ:TMUS – Get Rating) last announced its quarterly earnings results on Wednesday, April 27th. The Wireless communications provider reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.16. The business had revenue of $20.12 billion during the quarter, compared to analysts’ expectations of $20.14 billion. T-Mobile US had a net margin of 3.49% and a return on equity of 5.46%. The firm’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.92 EPS.

Several equities research analysts have recently commented on TMUS shares. Royal Bank of Canada set a $152.00 target price on shares of T-Mobile US in a research report on Wednesday, April 27th. JPMorgan Chase & Co. set a $175.00 target price on shares of T-Mobile US in a research report on Wednesday, April 27th. The Goldman Sachs Group set a $153.00 target price on shares of T-Mobile US in a research report on Thursday, February 3rd. StockNews.com raised shares of T-Mobile US from a “sell” rating to a “hold” rating in a research report on Sunday, May 1st. Finally, Citigroup raised their target price on shares of T-Mobile US from $155.00 to $156.00 and gave the stock a “buy” rating in a research report on Monday, March 14th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, T-Mobile US presently has an average rating of “Buy” and an average price target of $163.33.

TMUS traded up $1.11 during trading on Friday, hitting $133.85. 51,680 shares of the stock traded hands, compared to its average volume of 5,426,987. The firm has a market capitalization of $167.22 billion, a P/E ratio of 59.75, a price-to-earnings-growth ratio of 1.66 and a beta of 0.51. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.81 and a quick ratio of 0.69. The firm has a 50-day moving average of $128.69 and a 200 day moving average of $121.21. T-Mobile US has a 12-month low of $101.51 and a 12-month high of $150.20.

In other news, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, May 11th. The shares were sold at an average price of $121.99, for a total transaction of $2,439,800.00. Following the sale, the chief executive officer now owns 674,472 shares of the company’s stock, valued at approximately $82,278,839.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.69% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Glassman Wealth Services boosted its holdings in shares of T-Mobile US by 19.8% in the first quarter. Glassman Wealth Services now owns 479 shares of the Wireless communications provider’s stock worth $61,000 after buying an additional 79 shares during the last quarter. Dorsey & Whitney Trust CO LLC boosted its holdings in shares of T-Mobile US by 4.0% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 2,086 shares of the Wireless communications provider’s stock worth $242,000 after buying an additional 80 shares during the last quarter. Koshinski Asset Management Inc. boosted its holdings in shares of T-Mobile US by 48.5% in the first quarter. Koshinski Asset Management Inc. now owns 245 shares of the Wireless communications provider’s stock worth $31,000 after buying an additional 80 shares during the last quarter. Synovus Financial Corp boosted its holdings in shares of T-Mobile US by 2.0% in the fourth quarter. Synovus Financial Corp now owns 4,148 shares of the Wireless communications provider’s stock worth $477,000 after buying an additional 81 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its holdings in shares of T-Mobile US by 17.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 564 shares of the Wireless communications provider’s stock worth $65,000 after buying an additional 85 shares during the last quarter. 45.24% of the stock is currently owned by hedge funds and other institutional investors.

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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