Sprint Corp. (S) Q3 Adjusted EBITDA Tops Views
Get Alerts S Hot Sheet
Price: $20.05 -2.72%
EPS Growth %: +80.0%
Financial Fact:
Loss before income taxes: -23M
Today's EPS Names:
MAXN, CSTR, ACU, More
EPS Growth %: +80.0%
Financial Fact:
Loss before income taxes: -23M
Today's EPS Names:
MAXN, CSTR, ACU, More
Join SI Premium – FREE
Sprint Corp. (NYSE: S) reported Q3 EPS of $1.79, versus ($0.12) reported last year. Revenue for the quarter came in at $8.24 billion, may not compare to the consensus estimate of $8.69 billion.
Adjusted EBITDA was $2.72 billion vs $2.68 expected.
- The company is raising its expectation for operating income to $2.5 billion to $2.7 billion. Its previous expectation was $2.1 billion to $2.5 billion.
- The company expects adjusted EBITDA* to be around the mid-point of its prior expectation of $10.8 billion to $11.2 billion.
- The company expects cash capital expenditures, excluding devices leased through indirect channels, to be at the low end of its prior expectation of $3.5 billion to $4 billion.
- The company is raising its expectation for adjusted free cash flow* to $500 million to $700 million. Its previous expectation was around break-even.
For earnings history and earnings-related data on Sprint Corp. (S) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Schlumberger (SLB) earnings in-line, revenue beats expectations
- Procter & Gamble (PG) revenue falls short of expectations, raises full-year earnings guidance
- MetroCity Bankshares, Inc. (MCBS) Tops Q1 EPS by 4c
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!