How Sprint’s Q4 Earnings Growth Stacks Up with Peers



Sprint’s earnings trend

For the last two quarters, Sprint (S) has been unable to report positive net income, making it the only major US wireless service provider to post losses. Sprint reported its results for the fourth quarter of fiscal 2018 on May 7. In the fourth quarter of fiscal 2018, Sprint reported adjusted EPS of -$0.04, which missed analysts’ consensus estimate of adjusted EPS of -$0.01 per share. Its top line increased ~4.4% YoY to reach $8.4 billion, which was $232 million more than the Thomson Reuters average consensus revenue expectation.

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Sprint’s adjusted EBITDA rose ~13.3% YoY to reach $3.1 billion in the fourth quarter of fiscal 2018. Its adjusted EBITDA margin rose to 55.4% in the fourth quarter of fiscal 2018 as compared to 47.2% in the year-ago quarter.

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Peer comparison

In comparison, AT&T’s (T) adjusted EPS rose ~1.2% YoY to reach $0.86 in the quarter, which ended on March 31, while T-Mobile’s (TMUS) adjusted EPS grew ~35.9% YoY to reach $1.06.


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