Sprint Corp. S: This Zacks Rank #1 company has a s
Post# of 74546
Posted On: 10/06/2015 3:23:15 PM
Sprint Corp. S: This Zacks Rank #1 company has a strong portfolio of wireless spectrums. Although those assets are of a less valuable high-band nature, the company can still effectively utilize them for network performance improvement. Management has in fact undertaken a massive network upgrade project to improve its performance.
In order to remain competitive, Sprint has been launching several low-priced data and voice plans over the past one year. This strategy has helped the company to stem its postpaid wireless subscriber losses and has finally led to overall subscriber gains. Moreover, the company has taken a cost-cutting measure which will save approximately $2.5 billion per annum.
For the second quarter of fiscal 2015 (ended Sep 30), the Zacks Consensus Estimate stands at a loss of 9 cents, reflecting a year-over-year improvement of 52.6%. For fiscal 2015, the Zacks Consensus Estimate stands a loss of 38 cents, indicating a year-over-year improvement of 23.7%. Estimated long-term growth (3 -- 5 years) is currently pegged at 13.4% compared with the industry average of just 9.1%.
In order to remain competitive, Sprint has been launching several low-priced data and voice plans over the past one year. This strategy has helped the company to stem its postpaid wireless subscriber losses and has finally led to overall subscriber gains. Moreover, the company has taken a cost-cutting measure which will save approximately $2.5 billion per annum.
For the second quarter of fiscal 2015 (ended Sep 30), the Zacks Consensus Estimate stands at a loss of 9 cents, reflecting a year-over-year improvement of 52.6%. For fiscal 2015, the Zacks Consensus Estimate stands a loss of 38 cents, indicating a year-over-year improvement of 23.7%. Estimated long-term growth (3 -- 5 years) is currently pegged at 13.4% compared with the industry average of just 9.1%.
(0)
(0)Scroll down for more posts ▼