uploads///telecommunication tower _

Are Sprint’s Earnings Expected to Fall in Q4?

By

Apr. 15 2019, Published 10:01 a.m. ET

Sprint’s earnings

On May 1, Sprint (S) is scheduled to report its earnings results for the fourth quarter of fiscal 2018. The fourth quarter ended on March 31. Analysts expect Sprint’s adjusted EPS to reach -$0.01 in the fourth quarter—compared to $0.02 in the fourth quarter of fiscal 2017. Analysts expect the company to report an adjusted EPS of $0.05 in fiscal 2018, $0.04 in fiscal 2019, and $0.06 in fiscal 2020.

Sign up for Bagels & Stox, our witty take on the top market and investment news, straight to your inbox! Whether you’re a serious investor or just want to be informed, Bagels & Stox will be your favorite email.

In the third quarter of fiscal 2018, Sprint reported an adjusted EPS of -$0.03—compared to an adjusted EPS of $0.03 in the third quarter of fiscal 2017. Analysts expected an adjusted EPS of -$0.02 in the third quarter of fiscal 2018.

Article continues below advertisement

Peer comparison

T-Mobile’s (TMUS) adjusted EPS is expected to rise ~17.9% YoY (year-over-year) to $0.92 in the fourth quarter. AT&T’s (T) adjusted EPS is expected to grow ~1.2% YoY to $0.86. Verizon’s (VZ) adjusted EPS is expected to reach $1.17 or remain unchanged on a YoY basis in the same quarter.

Advertisement

More From Market Realist