Analysts forecast that T-Mobile Us Inc (NASDAQ:TMUS) will post earnings of $1.02 per share for the current quarter, according to Zacks Investment Research. Thirteen analysts have issued estimates for T-Mobile Us’ earnings, with estimates ranging from $0.81 to $1.20. T-Mobile Us posted earnings per share of $0.92 during the same quarter last year, which would indicate a positive year over year growth rate of 10.9%. The business is scheduled to issue its next earnings report on Wednesday, August 7th.

According to Zacks, analysts expect that T-Mobile Us will report full-year earnings of $4.05 per share for the current year, with EPS estimates ranging from $3.61 to $4.30. For the next fiscal year, analysts forecast that the firm will report earnings of $4.74 per share, with EPS estimates ranging from $3.99 to $5.19. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for T-Mobile Us.

T-Mobile Us (NASDAQ:TMUS) last posted its earnings results on Thursday, April 25th. The Wireless communications provider reported $1.06 EPS for the quarter, topping the consensus estimate of $0.92 by $0.14. The firm had revenue of $11.08 billion for the quarter, compared to analyst estimates of $11 billion. T-Mobile Us had a return on equity of 13.05% and a net margin of 7.11%. T-Mobile Us’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period last year, the company earned $0.78 earnings per share.

Several analysts recently commented on the company. BidaskClub raised T-Mobile Us from a “hold” rating to a “buy” rating in a report on Wednesday, May 8th. Nomura raised their target price on T-Mobile Us from $72.00 to $76.00 and gave the stock a “neutral” rating in a report on Friday, April 26th. KeyCorp raised their target price on T-Mobile Us from $76.00 to $88.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Zacks Investment Research lowered T-Mobile Us from a “buy” rating to a “hold” rating in a report on Friday, April 12th. Finally, HSBC set a $80.00 price objective on T-Mobile Us and gave the company a “buy” rating in a report on Friday, March 8th. Three equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $80.15.

In other news, COO G Michael Sievert sold 4,766 shares of the firm’s stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $73.58, for a total value of $350,682.28. Following the transaction, the chief operating officer now owns 543,391 shares in the company, valued at $39,982,709.78. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.40% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FMR LLC lifted its position in shares of T-Mobile Us by 11.9% in the first quarter. FMR LLC now owns 24,472,941 shares of the Wireless communications provider’s stock valued at $1,691,080,000 after acquiring an additional 2,601,725 shares in the last quarter. Vanguard Group Inc lifted its position in T-Mobile Us by 0.8% during the third quarter. Vanguard Group Inc now owns 16,471,906 shares of the Wireless communications provider’s stock worth $1,156,000,000 after buying an additional 132,709 shares in the last quarter. BlackRock Inc. lifted its position in T-Mobile Us by 3.6% during the first quarter. BlackRock Inc. now owns 15,086,537 shares of the Wireless communications provider’s stock worth $1,042,479,000 after buying an additional 524,246 shares in the last quarter. Norges Bank purchased a new position in T-Mobile Us during the fourth quarter worth approximately $627,109,000. Finally, FIL Ltd lifted its position in T-Mobile Us by 32.1% during the first quarter. FIL Ltd now owns 6,623,746 shares of the Wireless communications provider’s stock worth $457,701,000 after buying an additional 1,610,535 shares in the last quarter. Institutional investors and hedge funds own 33.72% of the company’s stock.

T-Mobile Us stock traded down $0.65 during midday trading on Friday, hitting $76.50. 84,936 shares of the company were exchanged, compared to its average volume of 3,621,948. The firm has a market cap of $66.88 billion, a price-to-earnings ratio of 22.80, a price-to-earnings-growth ratio of 1.21 and a beta of 0.44. T-Mobile Us has a fifty-two week low of $55.23 and a fifty-two week high of $80.93. The company has a quick ratio of 0.56, a current ratio of 0.66 and a debt-to-equity ratio of 1.04.

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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