What To Expect From The Earnings Report Of Sprint Corporation (NYSE:S)


Dallas, Texas 02/11/2014 (FINANCIALSTRENDS) – The coming Tuesday will see Sprint Corporation (NYSE:S) releasing its latest earnings report. This stock has seen quite good momentum in last few months and it has been like a roller-coaster ride. The sole reason for an upswing in the share price of Sprint Corporation is seen as its possible merger with T-Mobile US. But there is one challenge that company is facing and that is the dominance posed by AT&T and Verizon.

Though Sprint Corporation has got a massive capital infusion in last one year and has managed to close the mouth of critics who have said that the company might wind up its operations in the near future. Many trade and investment analysts are assuming that the EPS of Sprint Corporation might come around $0.33 which little less as compared to previous year’s EPS of $0.42. The revenue is estimated to be around $8.97 billion

An Overview of the Company

Sprint Corporation (NYSE:S) provides wire-line and wire-less communication services to various consumers as well as businesses. The company also provides connectivity solutions to government users in the United States of America, Puerto Rico and U.S Virgin Islands. Company’s wireless segment provides wireless data transmission services that include mobile productivity applications. There are some more services that are provided under the wireless segment such as internet access, messaging, email services and wireless photo and video offerings.

The wire-line segment consist of wire-line voice and data features and company has done tie-ups with major telecom players that include Virgin mobile, boost mobile and assurance wireless brands. Initially the company was called as Sprint Nextel Corporation and in July 2013 t changed its name to Sprint Corporation. The company was founded in 1899 and it has its headquarters in Overland Park, Kansas. The company also has its subsidiary by the name of Softbank Corp.