Sprint Stock Predictions
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Latest Stock Picks; Stocks. Premium Services. Stock Advisor Flagship service. I'm staying far away from Sprint's stock until further notice. Feel free to follow my lead.
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It is worth considering Sprint ( - ), which belongs to the Zacks Wireless National industry. This wireless carrier has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 550%.
Sprint Stock Price Target
Sprint Layoffs
For the last reported quarter, Sprint came out with earnings of $0.05 per share versus the Zacks Consensus Estimate of $0.01 per share, representing a surprise of 600%. For the previous quarter, the company was expected to post earnings of $0.01 per share and it actually produced earnings of $0.04 per share, delivering a surprise of 500%. Price and EPS Surprise For Sprint, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce.