Wall Street analysts expect T-Mobile Us Inc (NASDAQ:TMUS) to report $0.99 earnings per share (EPS) for the current quarter, Zacks reports. Thirteen analysts have made estimates for T-Mobile Us’ earnings, with estimates ranging from $0.78 to $1.17. T-Mobile Us reported earnings of $0.93 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 6.5%. The firm is expected to issue its next earnings results on Tuesday, October 29th.

According to Zacks, analysts expect that T-Mobile Us will report full year earnings of $4.06 per share for the current financial year, with EPS estimates ranging from $3.84 to $4.31. For the next year, analysts forecast that the business will post earnings of $4.88 per share, with EPS estimates ranging from $4.44 to $5.38. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for T-Mobile Us.

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

Several analysts have commented on TMUS shares. ValuEngine upgraded shares of T-Mobile Us from a “hold” rating to a “buy” rating in a report on Saturday, July 27th. William Blair restated an “outperform” rating on shares of T-Mobile Us in a report on Monday, July 29th. Wells Fargo & Co raised their price objective on shares of T-Mobile Us from $82.00 to $98.00 and gave the stock a “positive” rating in a report on Monday, July 29th. Raymond James raised their price objective on shares of T-Mobile Us from $86.00 to $94.00 and gave the stock a “strong-buy” rating in a report on Tuesday, August 6th. Finally, BidaskClub lowered shares of T-Mobile Us from a “hold” rating to a “sell” rating in a report on Friday, September 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. T-Mobile Us presently has a consensus rating of “Buy” and an average price target of $89.55.

In other news, COO G Michael Sievert sold 9,324 shares of T-Mobile Us stock in a transaction that occurred on Tuesday, June 18th. The shares were sold at an average price of $75.50, for a total transaction of $703,962.00. Following the completion of the transaction, the chief operating officer now directly owns 533,965 shares in the company, valued at $40,314,357.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.40% of the stock is currently owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in TMUS. Wetherby Asset Management Inc. increased its position in shares of T-Mobile Us by 2.6% during the first quarter. Wetherby Asset Management Inc. now owns 5,779 shares of the Wireless communications provider’s stock valued at $399,000 after acquiring an additional 145 shares in the last quarter. Global Wealth Management Investment Advisory Inc. increased its position in shares of T-Mobile Us by 4.6% during the second quarter. Global Wealth Management Investment Advisory Inc. now owns 3,900 shares of the Wireless communications provider’s stock valued at $289,000 after acquiring an additional 170 shares in the last quarter. Field & Main Bank increased its position in shares of T-Mobile Us by 1.4% during the second quarter. Field & Main Bank now owns 14,890 shares of the Wireless communications provider’s stock valued at $1,104,000 after acquiring an additional 210 shares in the last quarter. Camden National Bank grew its position in T-Mobile Us by 0.4% in the 2nd quarter. Camden National Bank now owns 57,849 shares of the Wireless communications provider’s stock worth $4,289,000 after purchasing an additional 218 shares during the period. Finally, LS Investment Advisors LLC grew its position in T-Mobile Us by 9.7% in the 2nd quarter. LS Investment Advisors LLC now owns 2,521 shares of the Wireless communications provider’s stock worth $187,000 after purchasing an additional 222 shares during the period. Hedge funds and other institutional investors own 33.14% of the company’s stock.

TMUS traded down $0.05 on Friday, hitting $79.69. The company had a trading volume of 1,758,133 shares, compared to its average volume of 4,004,885. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.62 and a quick ratio of 0.54. T-Mobile Us has a 52-week low of $59.96 and a 52-week high of $85.22. The stock has a fifty day simple moving average of $78.49 and a 200-day simple moving average of $75.28. The firm has a market capitalization of $67.61 billion, a P/E ratio of 23.72, a P/E/G ratio of 1.48 and a beta of 0.42.

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

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