Cowen Remains Bullish on T-Mobile (TMUS) Following 2Q15 Results

Go back to Cowen Remains Bullish on T-Mobile (TMUS) Following 2Q15 Results

T-Mobile's (TMUS) Price Target Raised to $47 at Pacific Crest

July 31, 2015 11:01 AM EDT

Pacific Crest maintained an Overweight rating on T-Mobile US, (NYSE: TMUS) and raised its price target to $47.00 (from $43.00). The change follows Q2 results. Analyst Michael Bowen noted nearly all metrics exceeding Pacific Crest's expectations.

"T-Mobile's preannounced branded postpaid net additions of 1.008 million were extremely strong and prompted us to raise... More

T-Mobile (TMUS) Q2 Revenue Tops Views, Updates FY Guidance

July 30, 2015 7:34 AM EDT

T-Mobile (NYSE: TMUS) reported Q2 EPS of $0.42, $0.23 better than the analyst estimate of $0.19. Revenue for the quarter came in at $8.2 billion versus the consensus estimate of $7.94 billion.

$6.1 billion service revenues, up 12% YoY
$1.8 billion Adjusted EBITDA, up 25% YoY and 31% QoQ

30%... More

Trading Radar for 7/30: P&G (PG), ConocoPhillips (COP), LinkedIn (LNKD), Expedia (EXPE), Electronic Arts (EA), Nokia (NOK) Report

July 29, 2015 2:50 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 272kContinuing Claims - Street sees 2.200MGDP: Adv. - Street sees 2.5%Chain Deflator: Adv. - Street sees 1.5%

Earnings:

02micro (Nasdaq: OIIM) - consensus loss $0.11
ACI Worldwide, Inc. (Nasdaq: ACIW) - consensus EPS $0.06
ADP (NYSE: ADP) - consensus EPS $0.60
Abengoa Yield (NYSE:... More