Analysts Expect T-Mobile US, Inc. (TMUS) Will Post Quarterly Sales of $10.85 Billion

Brokerages predict that T-Mobile US, Inc. (NASDAQ:TMUS) will announce sales of $10.85 billion for the current fiscal quarter, according to Zacks. Sixteen analysts have made estimates for T-Mobile US’s earnings, with estimates ranging from $10.50 billion to $11.28 billion. T-Mobile US posted sales of $10.18 billion during the same quarter last year, which suggests a positive year-over-year growth rate of 6.6%. The firm is expected to report its next quarterly earnings results on Tuesday, February 13th.

According to Zacks, analysts expect that T-Mobile US will report full-year sales of $10.85 billion for the current financial year, with estimates ranging from $40.35 billion to $41.13 billion. For the next year, analysts anticipate that the business will post sales of $43.07 billion per share, with estimates ranging from $41.88 billion to $44.12 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that that provide coverage for T-Mobile US.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Monday, October 23rd. The Wireless communications provider reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.17. The company had revenue of $10.02 billion for the quarter, compared to the consensus estimate of $10.01 billion. T-Mobile US had a return on equity of 9.99% and a net margin of 5.55%. The company’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.27 earnings per share.

TMUS has been the topic of a number of recent research reports. Jefferies Group decreased their price objective on T-Mobile US from $83.00 to $77.00 and set a “buy” rating on the stock in a report on Tuesday, November 7th. BTIG Research lifted their price objective on T-Mobile US from $74.00 to $84.00 and gave the company a “buy” rating in a report on Wednesday, October 18th. Deutsche Bank raised T-Mobile US from a “hold” rating to a “buy” rating and lifted their price objective for the company from $56.22 to $65.00 in a report on Thursday, November 9th. BidaskClub downgraded T-Mobile US from a “sell” rating to a “strong sell” rating in a report on Thursday, November 9th. Finally, HSBC raised T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, November 21st. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the stock. T-Mobile US has an average rating of “Buy” and a consensus target price of $69.86.

T-Mobile US (TMUS) traded down $0.43 during midday trading on Thursday, reaching $63.61. The company’s stock had a trading volume of 2,610,700 shares, compared to its average volume of 2,401,500. The company has a quick ratio of 0.80, a current ratio of 0.92 and a debt-to-equity ratio of 1.50. The firm has a market capitalization of $52,920.00, a P/E ratio of 24.95, a price-to-earnings-growth ratio of 1.05 and a beta of 0.29. T-Mobile US has a 12 month low of $54.60 and a 12 month high of $68.88.

T-Mobile US declared that its Board of Directors has approved a stock repurchase program on Wednesday, December 6th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the Wireless communications provider to repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

In other T-Mobile US news, EVP David A. Miller sold 15,000 shares of the company’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $62.78, for a total transaction of $941,700.00. Following the transaction, the executive vice president now owns 104,448 shares of the company’s stock, valued at approximately $6,557,245.44. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Peter A. Ewens sold 10,000 shares of the company’s stock in a transaction on Tuesday, December 26th. The stock was sold at an average price of $62.95, for a total value of $629,500.00. Following the transaction, the executive vice president now directly owns 166,434 shares in the company, valued at approximately $10,477,020.30. The disclosure for this sale can be found here. Insiders sold a total of 48,620 shares of company stock worth $3,068,292 over the last three months. 0.29% of the stock is owned by company insiders.

Large investors have recently bought and sold shares of the business. Rational Advisors LLC acquired a new position in T-Mobile US during the 3rd quarter worth $105,000. Capital Bank & Trust Co raised its position in shares of T-Mobile US by 3,128.6% during the 3rd quarter. Capital Bank & Trust Co now owns 2,260 shares of the Wireless communications provider’s stock valued at $139,000 after acquiring an additional 2,190 shares during the last quarter. Opera Trading Capital bought a new stake in shares of T-Mobile US during the 3rd quarter valued at $154,000. Captrust Financial Advisors bought a new stake in shares of T-Mobile US during the 2nd quarter valued at $159,000. Finally, Renaissance Group LLC bought a new stake in shares of T-Mobile US during the 3rd quarter valued at $201,000. 34.93% of the stock is currently owned by hedge funds and other institutional investors.

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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 U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 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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