T-Mobile Us (TMUS) Issues Quarterly Earnings Results

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T-Mobile Us (NASDAQ:TMUS) posted its quarterly earnings results on Tuesday. The Wireless communications provider reported $0.93 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.08, MarketWatch Earnings reports. T-Mobile Us had a return on equity of 10.87% and a net margin of 11.27%. The business had revenue of $10.84 billion during the quarter, compared to the consensus estimate of $10.73 billion. During the same period in the prior year, the company posted $0.63 EPS. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year.

Shares of TMUS opened at $63.92 on Wednesday. The company has a market cap of $55.16 billion, a PE ratio of 27.91, a PEG ratio of 2.22 and a beta of 0.40. T-Mobile Us has a 1 year low of $54.60 and a 1 year high of $70.94. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.66 and a current ratio of 0.76.

Several research analysts have weighed in on TMUS shares. Guggenheim upped their price target on T-Mobile Us from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, September 27th. Zacks Investment Research upgraded T-Mobile Us from a “hold” rating to a “buy” rating and set a $77.00 price target for the company in a research note on Monday, October 8th. Barclays downgraded T-Mobile Us to a “buy” rating in a research note on Tuesday, September 4th. KeyCorp set a $76.00 price target on T-Mobile Us and gave the stock a “buy” rating in a research note on Thursday, September 13th. Finally, BidaskClub downgraded T-Mobile Us from a “buy” rating to a “hold” rating in a research note on Friday, October 5th. One analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have given a buy rating and four have issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $72.49.

In related news, EVP David A. Miller sold 5,000 shares of the stock in a transaction on Monday, August 6th. The stock was sold at an average price of $65.00, for a total transaction of $325,000.00. Following the sale, the executive vice president now owns 122,523 shares in the company, valued at approximately $7,963,995. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP David R. Carey sold 2,000 shares of the stock in a transaction on Monday, October 1st. The shares were sold at an average price of $70.57, for a total value of $141,140.00. Following the sale, the executive vice president now owns 204,851 shares in the company, valued at approximately $14,456,335.07. The disclosure for this sale can be found here. Insiders have sold a total of 102,622 shares of company stock worth $6,814,861 over the last ninety days. Insiders own 0.37% of the company’s stock.

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 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 for T-Mobile Us (NASDAQ:TMUS)

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