Analysts expect that T-Mobile US, Inc. (NASDAQ:TMUS) will post $0.44 earnings per share (EPS) for the current quarter, Zacks reports. Eighteen analysts have provided estimates for T-Mobile US’s earnings. The lowest EPS estimate is $0.30 and the highest is $0.59. T-Mobile US posted earnings of $0.27 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 63%. The business is expected to report its next earnings report on Monday, October 23rd.

On average, analysts expect that T-Mobile US will report full-year earnings of $2.22 per share for the current financial year, with EPS estimates ranging from $1.73 to $2.66. For the next financial year, analysts forecast that the business will post earnings of $2.57 per share, with EPS estimates ranging from $1.82 to $3.46. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover T-Mobile US.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, July 19th. The Wireless communications provider reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.29. The business had revenue of $10.21 billion during the quarter, compared to analyst estimates of $9.82 billion. T-Mobile US had a return on equity of 8.66% and a net margin of 5.19%. The company’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the company posted $0.25 EPS.

A number of analysts have commented on TMUS shares. Goldman Sachs Group, Inc. (The) raised shares of T-Mobile US from a “buy” rating to a “conviction-buy” rating and lowered their target price for the stock from $81.00 to $65.72 in a report on Friday, May 19th. Deutsche Bank AG reaffirmed a “neutral” rating and set a $68.00 target price on shares of T-Mobile US in a report on Monday, April 10th. SunTrust Banks, Inc. started coverage on shares of T-Mobile US in a report on Tuesday, April 18th. They set a “buy” rating and a $76.00 target price for the company. Jefferies Group LLC lifted their target price on shares of T-Mobile US from $71.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, April 25th. Finally, Wells Fargo & Company reissued an “outperform” rating on shares of T-Mobile US in a report on Wednesday, April 26th. Eleven analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $68.82.

A number of large investors have recently modified their holdings of the company. Mn Services Vermogensbeheer B.V. boosted its stake in shares of T-Mobile US by 4.3% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 7,691 shares of the Wireless communications provider’s stock valued at $464,000 after buying an additional 315 shares during the period. State of Alaska Department of Revenue acquired a new stake in shares of T-Mobile US during the first quarter valued at approximately $946,000. Huntington National Bank boosted its stake in shares of T-Mobile US by 7.5% in the first quarter. Huntington National Bank now owns 417,689 shares of the Wireless communications provider’s stock valued at $26,979,000 after buying an additional 29,142 shares during the period. Quantitative Systematic Strategies LLC boosted its stake in shares of T-Mobile US by 17.5% in the first quarter. Quantitative Systematic Strategies LLC now owns 31,369 shares of the Wireless communications provider’s stock valued at $2,026,000 after buying an additional 4,671 shares during the period. Finally, Barometer Capital Management Inc. boosted its stake in shares of T-Mobile US by 61.8% in the first quarter. Barometer Capital Management Inc. now owns 126,725 shares of the Wireless communications provider’s stock valued at $8,185,000 after buying an additional 48,425 shares during the period. 36.75% of the stock is currently owned by hedge funds and other institutional investors.

T-Mobile US (NASDAQ TMUS) traded down 0.23% during midday trading on Monday, hitting $64.37. The stock had a trading volume of 1,281,807 shares. T-Mobile US has a one year low of $44.35 and a one year high of $68.88. The stock’s 50-day moving average is $61.94 and its 200-day moving average is $63.40. The company has a market cap of $53.49 billion, a P/E ratio of 27.28 and a beta of 0.49.

TRADEMARK VIOLATION WARNING: “$0.44 EPS Expected for T-Mobile US, Inc. (NASDAQ:TMUS) This Quarter” was reported by American Banking News and is the property of of American Banking News. If you are reading this report on another publication, it was stolen and republished in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/08/07/0-44-eps-expected-for-t-mobile-us-inc-nasdaqtmus-this-quarter.html.

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

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