At the end of December 2014, Sprint reported 55.9 million subscribers.
Sprint more than doubled its retail footprint recently with the opening of 1,435 Sprint-RadioShack co-branded stores. Not all the RadioShack locations will sport the new co-branding look from the start, but Sprint expects to have the switch completed in the second half of this year.
For the sake of comparison, 24/7 Wall St. has included some information from recent earnings reports of other telecom giants.
Verizon Communications Inc. (NYSE: VZ) said it had $1.02 in earnings per share (EPS) and $32.0 billion in revenue. Consensus estimates called for $0.95 in EPS on $32.27 billion in revenue. In the same quarter of the previous year, Verizon posted EPS of $0.84 and revenue of $30.82 billion.
In the past two quarters, Verizon has disappointed analysts, posting EPS a penny below estimates in both quarters. It will be interesting to see how analysts will receive this bottom line beat, as the current reaction is not overly positive.
AT&T Inc. (NYSE: T) posted adjusted diluted quarterly EPS of $0.63 on revenues of $32.6 billion. In the same period a year ago, the company reported EPS of $0.71 on revenues of $32.48 billion. First-quarter results also compare to the consensus estimates for EPS of $0.62 on revenues of $32.84 billion.
The company said only that “full-year standalone guidance” was “on track,” but did not offer any specific numbers. The consensus estimates for the second quarter call for EPS of $0.63 on revenues of $32.99 billion. For the full year, estimated EPS totals $2.50 on revenues of $134.29 billion.
T-Mobile US Inc. (NYSE: TMUS) reported its first-quarter earnings last week as a net loss of $0.09 per share on $7.8 billion in revenue, compared to the previous year’s net loss of $0.19 per share on $6.9 billion in revenue.
Late in Monday’s trading session, shares of Sprint were up 1% at $5.28 on a 52-week trading range of $3.79 to $9.76. The stock has a consensus analyst price target of $7.28.
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