Mobile reports rise in quarterly profit and revenue

Posted April 25, 2017

At the end of Q1 2017, T-Mobile had 72.6 million customers.

Postpaid net additions of 914,000 beat consensus estimates of 843,000.

T-Mobile's latest performance may add more pressure on Verizon and Sprint Corp.to explore potential deals to improve their fortunes.

On the network side, T-Mobile covers 314 million people with 4G LTE, the same number that it reported in Q4 2016. US Bancorp DE now owns 2,779 shares of the Wireless communications provider's stock worth $130,000 after buying an additional 144 shares during the last quarter.

Institutional investors have recently modified their holdings of the stock.

Outlined as the total market value of all unsettled shares of the company, the current market cap for the T-Mobile US, Inc.

On 8/8/2016 J Braxton Carter II, CFO, sold 50,000 with an average share price of $47.95 per share and the total transaction amounting to $2,397,500.00.

The stock subtracted in the prior trading session by -0.17%, closing at the stock price of $64.7. (NYSE:T), TMUS stock offers tons of reasons to remain dialed in. T-Mobile reported a revenue increase of 11 percent to $9.55 billion for the quarter, compared with expectations for $9.62 billion. T-Mobile US had a return on equity of 7.21% and a net margin of 3.87%. T-Mobile US's revenue was up 23.4% on a year-over-year basis.

They expect $0.35 EPS, down 60% or $0.21 from last year's $0.56 per share. Mitsubishi UFJ Kokusai Asset Management Co. If you are viewing this story on another website, it was copied illegally and reposted in violation of US and worldwide copyright law. (TMUS) has a trading volume of 4.85 Million shares, with an average trading volume of 2920 shares - with shares dropping to a 52 week low of $38.31, and the company's shares hitting a 52 week high of $ 65.51. Finally, Deutsche Bank AG reaffirmed a "neutral" rating and issued a $68.00 target price on shares of T-Mobile US in a research report on Monday, April 10th. They now have a Dollars 68 price target on the stock.

T-Mobile shares rose 1.1 percent after closing up 1.9 percent at $65.93, before falling to $65.75. Argus reiterated a "buy" rating on shares of T-Mobile US in a research report on Wednesday, January 11th. Argus reissued a "buy" rating and issued a $70.00 price target on shares of T-Mobile US in a report on Wednesday, February 22nd. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.