Sprint S announces its next round of earnings this Monday, November 4. Here is Benzinga's everything-that-matters guide for this Monday's Q2 earnings announcement.
Earnings and Revenue
Analysts covering Sprint have modeled for quarterly EPS loss of 2 cents on revenue of $8.17 billion.
See Also: T-Mobile's Solid Results Still Overshadowed By Merger Uncertainty
Revenue would be down 3.12% on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | -0.040 | -0.010 | -0.02 | -0.01 |
| EPS Actual | 0.020 | -0.040 | -0.03 | 0.06 |
Stock Performance
For a full 12 months, the return has risen by 1.47%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. Analysts generally rate Sprint stock as Sell. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Sprint is scheduled to hold the call at 8:00 a.m. ET and can be accessed here: https://investors.sprint.com/news-and-events/default.aspx
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
