According to Cisco Systems’ (CSCO) Visual Networking Index at the end of 2015, video constituted ~61% of mobile data traffic in the United States.
T-Mobile’s equipment revenues in 1Q17 comprised lease revenues of $0.3 billion and nonlease revenues of $1.7 billion.
AT&T (T) is an aggressive player in the 5G market, and it has tried to outbid its rivals in order to gain spectrum advantage.
In 1Q17, T-Mobile’s branded postpaid phone ARPU rose ~2.9% YoY (year-over-year) to reach $47.53.
T-Mobile (TMUS) once again led the industry in year-over-year service revenue percentage growth in 1Q17. This marks the 12th consecutive quarter that TMUS has led the industry in this metric.
On May 17, 2017, Home Depot (HD) was trading at $156.09. This price may have already factored in the various estimates we’ve discussed in this series.
Due to the high visibility of Home Depot’s (HD) earnings, we’ve considered its forward PE (price-to-earnings multiple) for our analysis of its valuation.
Home Depot posted a gross margin, EBITDA (earnings before interest, tax, depreciation, and amortization) margin, and net margin of 34.1%, 16.1%, and 8.4%, respectively, in 1Q17.
In 1Q17, Home Depot (HD) posted adjusted EPS (earnings per share) of $1.67, representing a rise of 16% compared to $1.44 in 1Q16.
Analysts expect Home Depot (HD) to post revenue of $100.3 billion in the next four quarters, representing a rise of 4.8% from $95.7 billion in the corresponding quarters of the previous year.
In 1Q17, Home Depot posted SSSG of 5.5%, with the rise in its traffic contributing 1.5% and the growth in its average ticket size contributing 3.9%.
Home Depot (HD) posted revenue of $23.9 billion in 1Q17, reflecting a rise of 4.8% compared to $22.8 billion in 1Q16. The company outperformed analysts’ consensus revenue estimate by 0.62%.
The world’s largest home improvement retailer, Home Depot (HD), posted its 1Q17 earnings on May 16, 2017. The company posted adjusted earnings per share of $1.67.
As we saw earlier in this series, analysts expect storage technology (QQQ) firm NetApp’s (NTAP) revenue to rise 4.3% YoY (year-over-year) in fiscal 4Q17 to $1.44 billion.
US-Based (SPY) NetApp (NTAP) has aligned its strategic solutions to meet the IT (information technology) demand of its enterprise customers.
NetApp (NTAP) said earlier that it aims to achieve cost savings of $400 million by the end of fiscal 2017, which ended April 28, 2017.
NetApp (NTAP) will be announcing its fiscal 4Q17 results on May 24, 2017. Analysts estimate that the company will post revenue of $1.4 billion.
As of May 16, 2017, Costco was trading at a 12-month forward PE multiple of 28.5x—significantly higher than SPX’s forward PE multiple of 18.8x.
Costco’s (COST) margins are expected to benefit from increased fuel earnings and improved store traffic.
For fiscal 3Q17, analysts expect Costco to report adjusted EPS of $1.32, reflecting an increase of 6.5% on a YoY (year-over-year) basis.