T-Mobile Us (TMUS) Issues Earnings Results

T-Mobile Us (NASDAQ:TMUS) announced its quarterly earnings data on Tuesday. The Wireless communications provider reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.08, RTT News reports. T-Mobile Us had a net margin of 11.27% and a return on equity of 10.87%. The business had revenue of $10.84 billion during the quarter, compared to analyst estimates of $10.73 billion. During the same period last year, the firm posted $0.63 EPS. The company’s revenue was up 8.2% on a year-over-year basis.

Shares of TMUS stock traded down $0.99 on Tuesday, reaching $63.92. The company’s stock had a trading volume of 5,652,500 shares, compared to its average volume of 3,847,685. 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. The firm has a market cap of $55.16 billion, a PE ratio of 27.91, a price-to-earnings-growth ratio of 2.23 and a beta of 0.40.

A number of brokerages have issued reports on TMUS. ValuEngine raised shares of T-Mobile Us from a “sell” rating to a “hold” rating in a report on Tuesday, August 7th. BidaskClub raised shares of T-Mobile Us from a “sell” rating to a “hold” rating in a report on Tuesday, August 7th. Nomura reaffirmed a “neutral” rating and set a $68.00 price objective on shares of T-Mobile Us in a report on Thursday, August 2nd. Barclays lowered shares of T-Mobile Us to a “buy” rating in a report on Tuesday, September 4th. Finally, KeyCorp set a $76.00 price objective on shares of T-Mobile Us and gave the company a “buy” rating in a report on Thursday, September 13th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, thirteen have assigned a buy rating and four have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $72.49.

In related news, EVP David R. Carey sold 2,000 shares of the firm’s 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 completion of the transaction, the executive vice president now directly owns 204,851 shares of the company’s stock, valued at $14,456,335.07. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Thomas Christopher Keys sold 65,000 shares of the firm’s stock in a transaction on Tuesday, August 7th. The shares were sold at an average price of $65.63, for a total transaction of $4,265,950.00. Following the completion of the transaction, the insider now directly owns 381,883 shares of the company’s stock, valued at $25,062,981.29. The disclosure for this sale can be found here. Over the last three months, insiders sold 102,622 shares of company stock valued at $6,814,861. 0.37% of the stock is currently owned by insiders.

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 for T-Mobile Us (NASDAQ:TMUS)

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