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How Much Revenue Growth for Sprint in Fiscal Q1 2018?

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Sprint’s revenue in fiscal Q1 2018

In the previous part of this series, we saw Wall Street analysts’ expectations for Sprint’s (S) fiscal Q1 2018[1. Fiscal Q1 2018 ended in June 2018.] earnings. Now let’s look at its expected total revenue for the quarter. Wall Street analysts expect total revenue to decline 0.7% YoY (year-over-year) to $8.1 billion.

In fiscal Q4 2017, Sprint reported total net operating revenues of $8.1 billion, which was slightly above Wall Street analysts’ consensus estimate of $8 billion. Its revenues decreased 5.3% YoY from $8.5 billion in fiscal Q4 2016. The decline was mainly due to lower equipment sales and service revenue, which was partially offset by higher equipment rentals.

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Sprint’s peer comparison of total revenues in the first quarter

In the first quarter of 2018, AT&T’s (T) total revenue fell 3.4% YoY to $38 billion. T-Mobile’s (TMUS) total revenue rose 8.8% YoY to $10.5 billion. Verizon’s (VZ) total revenue increased 6.6% YoY to $31.8 billion.

Check out all the data we’ve added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, and historical data, as well as dividend information. Take a look!

In the next part, we’ll see how much consolidated adjusted EBITDA growth we can expect from Sprint in fiscal Q1 2018.

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