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Jefferies raised its price target on Sprint (NYSE: S) to $5.00 (from $4.50) while maintaining a Underperform rating following results.
Analyst Mike McCormack commented, "Results were mixed, with financials beating on higher equipment, while handsets were softer given higher churn. Sprint continues to make... More
Sprint Corp. (NYSE: S) reported Q3 EPS of ($0.12), versus the consensus of ($0.09). Revenue for the quarter came in at $8.5 billion versus the consensus estimate of $8.69 billion.
Net loss of $479 million, Operating income of $311 million and Adjusted EBITDA* of $2.5 billion
Sprint is turning the... More

