Wall Street brokerages forecast that T-Mobile Us Inc (NASDAQ:TMUS) will announce earnings of $0.86 per share for the current fiscal quarter, according to Zacks. Twelve analysts have provided estimates for T-Mobile Us’ earnings, with the lowest EPS estimate coming in at $0.77 and the highest estimate coming in at $0.98. T-Mobile Us posted earnings per share of $0.75 in the same quarter last year, which indicates a positive year-over-year growth rate of 14.7%. The business is expected to issue its next earnings results on Thursday, February 6th.
According to Zacks, analysts expect that T-Mobile Us will report full year earnings of $4.02 per share for the current year, with EPS estimates ranging from $3.93 to $4.17. For the next financial year, analysts expect that the company will report earnings of $4.88 per share, with EPS estimates ranging from $4.51 to $5.25. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that follow T-Mobile Us.
T-Mobile Us (NASDAQ:TMUS) last posted its quarterly earnings data on Monday, October 28th. The Wireless communications provider reported $1.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.05. The business had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $11.33 billion. T-Mobile Us had a return on equity of 14.21% and a net margin of 7.53%. T-Mobile Us’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period last year, the company earned $0.93 earnings per share.
A number of analysts have recently issued reports on TMUS shares. ValuEngine downgraded shares of T-Mobile Us from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. Oppenheimer reiterated a “market perform” rating on shares of T-Mobile Us in a report on Tuesday, August 27th. Sanford C. Bernstein began coverage on T-Mobile Us in a report on Tuesday, October 15th. They issued an “outperform” rating and a $103.00 price objective for the company. Raymond James lifted their price objective on shares of T-Mobile Us from $94.00 to $95.00 and gave the company a “strong-buy” rating in a research report on Wednesday, October 30th. Finally, Cowen lowered their price objective on shares of T-Mobile Us from $93.00 to $87.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $91.46.
Several hedge funds have recently bought and sold shares of TMUS. SG Americas Securities LLC boosted its position in T-Mobile Us by 316.9% during the 2nd quarter. SG Americas Securities LLC now owns 41,563 shares of the Wireless communications provider’s stock worth $3,081,000 after buying an additional 31,593 shares during the period. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in T-Mobile Us by 457.8% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 55,725 shares of the Wireless communications provider’s stock worth $4,131,000 after buying an additional 45,735 shares during the period. Janney Montgomery Scott LLC grew its position in shares of T-Mobile Us by 18.2% in the 2nd quarter. Janney Montgomery Scott LLC now owns 10,479 shares of the Wireless communications provider’s stock valued at $777,000 after buying an additional 1,611 shares during the last quarter. First Trust Advisors LP grew its position in shares of T-Mobile Us by 35.1% in the 2nd quarter. First Trust Advisors LP now owns 926,750 shares of the Wireless communications provider’s stock valued at $68,709,000 after buying an additional 240,638 shares during the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in shares of T-Mobile Us by 33.9% in the second quarter. BNP Paribas Arbitrage SA now owns 442,243 shares of the Wireless communications provider’s stock valued at $32,788,000 after buying an additional 111,855 shares during the period. 33.79% of the stock is owned by hedge funds and other institutional investors.
NASDAQ:TMUS traded up $0.80 during trading hours on Friday, reaching $77.74. 2,843,456 shares of the stock were exchanged, compared to its average volume of 2,723,414. The stock has a market cap of $65.83 billion, a PE ratio of 23.14, a PEG ratio of 1.39 and a beta of 0.39. T-Mobile Us has a twelve month low of $59.96 and a twelve month high of $85.22. The firm has a 50 day moving average of $79.87 and a 200 day moving average of $78.18. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.66 and a quick ratio of 0.59.
About T-Mobile Us
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 79.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.
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