T-Mobile Q2 Momentum Eyed Amid ‘Fading’ M&A Talk

By | July 30, 2014

Scalper1 News

T-Mobile US, whose stock has slid more than 12% the past nine weeks amid on-again, off-again merger speculation with Sprint, is expected to swing to a profit when it posts its Q2 earnings before the market open Thursday. Analysts polled by Thomson Reuters estimate that T-Mobile (TMUS) will report profit of 8 cents per share — swinging upwards from a loss of 12 cents per share in the year-earlier quarter — on sales of $7.04 billion, up 13%. Scalper1 News

Scalper1 News