$11.30 Billion in Sales Expected for T-Mobile Us Inc (NASDAQ:TMUS) This Quarter

Analysts expect that T-Mobile Us Inc (NASDAQ:TMUS) will report sales of $11.30 billion for the current fiscal quarter, according to Zacks. Thirteen analysts have provided estimates for T-Mobile Us’ earnings. The highest sales estimate is $11.50 billion and the lowest is $11.09 billion. T-Mobile Us posted sales of $10.84 billion during the same quarter last year, which suggests a positive year-over-year growth rate of 4.2%. The business is expected to issue its next earnings report on Tuesday, October 29th.

According to Zacks, analysts expect that T-Mobile Us will report full-year sales of $45.32 billion for the current year, with estimates ranging from $44.73 billion to $45.81 billion. For the next financial year, analysts forecast that the company will post sales of $47.43 billion, with estimates ranging from $46.77 billion to $48.18 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that cover T-Mobile Us.

T-Mobile Us (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, July 25th. The Wireless communications provider reported $1.29 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.30. T-Mobile Us had a net margin of 7.40% and a return on equity of 13.89%. The firm had revenue of $10.98 billion for the quarter, compared to analysts’ expectations of $11.14 billion. During the same period in the previous year, the company posted $0.92 EPS. The company’s quarterly revenue was up 3.9% compared to the same quarter last year.

TMUS has been the topic of several research analyst reports. Oppenheimer restated a “market perform” rating on shares of T-Mobile Us in a report on Tuesday, August 27th. HSBC set a $85.00 price target on shares of T-Mobile Us and gave the company a “buy” rating in a report on Monday, June 3rd. BidaskClub cut shares of T-Mobile Us from a “hold” rating to a “sell” rating in a report on Friday, September 6th. Royal Bank of Canada set a $87.00 price target on shares of T-Mobile Us and gave the company a “buy” rating in a report on Monday, August 5th. Finally, Raymond James boosted their price target on shares of T-Mobile Us from $86.00 to $94.00 and gave the company a “strong-buy” rating in a report on Tuesday, August 6th. One analyst has rated the stock with a sell rating, three have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. T-Mobile Us has an average rating of “Buy” and an average price target of $89.55.

In related news, COO G Michael Sievert sold 9,324 shares of the company’s stock in a transaction on Tuesday, June 18th. The shares were sold at an average price of $75.50, for a total value of $703,962.00. Following the completion of the sale, the chief operating officer now directly owns 533,965 shares in the company, valued at $40,314,357.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.40% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. Capital Investment Advisory Services LLC raised its position in shares of T-Mobile Us by 272.8% during the second quarter. Capital Investment Advisory Services LLC now owns 343 shares of the Wireless communications provider’s stock valued at $27,000 after buying an additional 251 shares during the last quarter. Sandy Spring Bank bought a new stake in shares of T-Mobile Us during the first quarter valued at approximately $30,000. Bremer Bank National Association bought a new stake in shares of T-Mobile Us during the first quarter valued at approximately $51,000. Coastal Capital Group Inc. bought a new stake in shares of T-Mobile Us during the second quarter valued at approximately $53,000. Finally, Tower Research Capital LLC TRC grew its stake in shares of T-Mobile Us by 189.2% during the second quarter. Tower Research Capital LLC TRC now owns 749 shares of the Wireless communications provider’s stock valued at $56,000 after purchasing an additional 490 shares during the last quarter. 33.06% of the stock is owned by institutional investors and hedge funds.

NASDAQ TMUS traded up $0.16 on Monday, hitting $79.56. 1,685,626 shares of the stock were exchanged, compared to its average volume of 3,981,889. T-Mobile Us has a 52-week low of $59.96 and a 52-week high of $85.22. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.62 and a quick ratio of 0.54. The company has a market capitalization of $68.09 billion, a price-to-earnings ratio of 23.68, a P/E/G ratio of 1.48 and a beta of 0.42. The company’s 50-day moving average price is $78.22 and its two-hundred day moving average price is $75.41.

T-Mobile Us Company Profile

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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Earnings History and Estimates for T-Mobile Us (NASDAQ:TMUS)

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