Sprint Reports Continued Progress in Its Turnaround During the First Fiscal Quarter of 2015
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FBR Capital Upgrades Sprint (S) to Outperform
August 6, 2015 7:36 AM EDTFBR Capital upgraded Sprint (NYSE: S) from Market Perform to Outperform with a price target of $6.00, sees high-risks but high-rewards.
Analyst David Dixon commented, "We are upgrading Sprint (S) shares to Outperform. Financing risk is now lowered with Softbanks plans to finance the network buildout and... More
Sprint (S) PT Bumped to $4 at Cowen Post Q1
August 5, 2015 7:23 AM EDTCowen analyst Colby Synesael reiterated a Market Perform rating and bumped their price target on Sprint (NYSE: S) to $4.00 (from $3.50) following solid results.
Synesael commented, "S reported a solid EBITDA beat largely on the leasing model however the call was overshadowed by discussions... More
Sprint Corp. (S) Reports Q1 Adjusted EBITDA of $2.1B
August 4, 2015 7:38 AM EDTSprint Corp. (NYSE: S) reported Q1 adjusted EBITDA of $2.1 billion. Revenue for the quarter came in at $8 billion versus the consensus estimate of $8.69 billion.
Sprint raised fiscal year 2015 Adjusted EBITDA outlook from $6.5 to $6.9 billion to $7.2 to $7.6 billion.
Other Highlights:
Sprint platform postpaid phone losses were 12,000 in the quarter with phone... More