Analysts forecast that T-Mobile Us Inc (NASDAQ:TMUS) will announce sales of $10.98 billion for the current quarter, Zacks reports. Twelve analysts have provided estimates for T-Mobile Us’ earnings. The highest sales estimate is $11.33 billion and the lowest is $10.59 billion. T-Mobile Us reported sales of $10.46 billion during the same quarter last year, which would suggest a positive year over year growth rate of 5%. The firm is expected to report its next earnings results on Tuesday, May 7th.

On average, analysts expect that T-Mobile Us will report full year sales of $45.46 billion for the current fiscal year, with estimates ranging from $44.34 billion to $46.97 billion. For the next fiscal year, analysts anticipate that the firm will report sales of $47.73 billion, with estimates ranging from $46.45 billion to $49.91 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that cover T-Mobile Us.

T-Mobile Us (NASDAQ:TMUS) last issued its earnings results on Thursday, February 7th. The Wireless communications provider reported $0.75 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.06. The business had revenue of $11.45 billion during the quarter, compared to analysts’ expectations of $11.38 billion. T-Mobile Us had a return on equity of 12.12% and a net margin of 6.67%. T-Mobile Us’s revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the firm posted $3.11 earnings per share.

TMUS has been the subject of several recent analyst reports. BTIG Research raised their target price on T-Mobile Us to $91.00 and gave the stock a “buy” rating in a research report on Friday, January 18th. BidaskClub cut T-Mobile Us from a “buy” rating to a “hold” rating in a research report on Wednesday, January 16th. HSBC reaffirmed a “buy” rating and issued a $76.00 target price on shares of T-Mobile Us in a research report on Monday, January 14th. Zacks Investment Research cut T-Mobile Us from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 10th. Finally, Raymond James reaffirmed a “strong-buy” rating and issued a $85.00 target price on shares of T-Mobile Us in a research report on Wednesday, December 19th. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $78.29.

Shares of T-Mobile Us stock opened at $72.05 on Friday. The firm has a market capitalization of $58.72 billion, a PE ratio of 21.44, a price-to-earnings-growth ratio of 2.91 and a beta of 0.42. The company has a quick ratio of 0.70, a current ratio of 0.81 and a debt-to-equity ratio of 1.18. T-Mobile Us has a 12 month low of $55.09 and a 12 month high of $72.07.

In related news, COO G Michael Sievert sold 10,228 shares of T-Mobile Us stock in a transaction on Tuesday, January 15th. The stock was sold at an average price of $67.90, for a total transaction of $694,481.20. Following the completion of the sale, the chief operating officer now owns 431,890 shares of the company’s stock, valued at $29,325,331. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.37% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CWM LLC boosted its position in T-Mobile Us by 440.3% during the fourth quarter. CWM LLC now owns 389 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 317 shares during the last quarter. PRW Wealth Management LLC acquired a new stake in T-Mobile Us during the fourth quarter valued at $34,000. Financial Advocates Investment Management boosted its position in T-Mobile Us by 42.0% during the fourth quarter. Financial Advocates Investment Management now owns 541 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 160 shares during the last quarter. Semmax Financial Advisors Inc. acquired a new stake in T-Mobile Us during the fourth quarter valued at $37,000. Finally, Rehmann Capital Advisory Group boosted its position in T-Mobile Us by 54.8% during the fourth quarter. Rehmann Capital Advisory Group now owns 641 shares of the Wireless communications provider’s stock valued at $41,000 after purchasing an additional 227 shares during the last quarter. 32.91% of the stock is owned by hedge funds and other institutional investors.

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 72.6 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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