Q3 2017 EPS Estimates for T-Mobile US, Inc. (TMUS) Cut by Oppenheimer Holdings

T-Mobile US, Inc. (NASDAQ:TMUS) – Equities research analysts at Oppenheimer Holdings reduced their Q3 2017 EPS estimates for shares of T-Mobile US in a research note issued to investors on Thursday. Oppenheimer Holdings analyst T. Horan now expects that the Wireless communications provider will post earnings of $0.40 per share for the quarter, down from their previous estimate of $0.45. Oppenheimer Holdings currently has a “Outperform” rating and a $75.00 target price on the stock. Oppenheimer Holdings also issued estimates for T-Mobile US’s Q4 2017 earnings at $0.36 EPS.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, July 19th. The Wireless communications provider reported $0.67 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.29. The business had revenue of $10.21 billion for the quarter, compared to analysts’ expectations of $9.82 billion. T-Mobile US had a net margin of 5.19% and a return on equity of 8.66%. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.25 earnings per share. TRADEMARK VIOLATION WARNING: This piece of content was reported by Community Financial News and is the property of of Community Financial News. If you are reading this piece of content on another publication, it was stolen and republished in violation of U.S. and international trademark and copyright laws. The correct version of this piece of content can be viewed at https://www.com-unik.info/2017/08/19/q3-2017-eps-estimates-for-t-mobile-us-inc-tmus-cut-by-oppenheimer-holdings-updated-updated-updated.html.

Other analysts have also recently issued research reports about the stock. SunTrust Banks, Inc. started coverage on shares of T-Mobile US in a research note on Tuesday, April 18th. They issued a “buy” rating and a $76.00 price objective for the company. Jefferies Group LLC lifted their price objective on shares of T-Mobile US from $71.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, April 25th. William Blair reiterated a “buy” rating on shares of T-Mobile US in a research note on Tuesday, April 25th. Goldman Sachs Group, Inc. (The) started coverage on shares of T-Mobile US in a research note on Monday, May 22nd. They issued a “buy” rating for the company. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $76.00 price objective on shares of T-Mobile US in a research note on Friday, June 2nd. Twelve analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $68.29.

Shares of T-Mobile US (NASDAQ TMUS) opened at 62.53 on Monday. T-Mobile US has a 1-year low of $44.29 and a 1-year high of $68.88. The company has a 50-day moving average of $62.54 and a 200-day moving average of $63.19. The company has a market cap of $51.97 billion, a PE ratio of 26.50 and a beta of 0.52.

Large investors have recently made changes to their positions in the stock. FMR LLC raised its stake in T-Mobile US by 2.6% in the first quarter. FMR LLC now owns 28,593,003 shares of the Wireless communications provider’s stock worth $1,846,822,000 after buying an additional 736,329 shares during the last quarter. Vanguard Group Inc. raised its stake in T-Mobile US by 2.6% in the first quarter. Vanguard Group Inc. now owns 15,111,566 shares of the Wireless communications provider’s stock worth $976,056,000 after buying an additional 379,244 shares during the last quarter. BlackRock Inc. raised its stake in T-Mobile US by 3,998.0% in the first quarter. BlackRock Inc. now owns 13,832,340 shares of the Wireless communications provider’s stock worth $893,431,000 after buying an additional 13,494,802 shares during the last quarter. State Street Corp raised its stake in T-Mobile US by 2.3% in the first quarter. State Street Corp now owns 5,309,965 shares of the Wireless communications provider’s stock worth $342,971,000 after buying an additional 119,285 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in T-Mobile US by 12.3% in the first quarter. JPMorgan Chase & Co. now owns 4,771,311 shares of the Wireless communications provider’s stock worth $308,181,000 after buying an additional 523,482 shares during the last quarter. 36.74% of the stock is currently owned by institutional investors.

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

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