Sprint Corporation Technology | Wireless Communications | USA Sprint Corporation, through its subsidiaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates in two segments, Wireless and Wireline. The Wireless segment offers wireless data communication services, including mobile productivity applications, such as Internet access, messaging, and email services; wireless photo and video offerings; location-based capabilities comprising asset and fleet management, dispatch services, and navigation tools; and mobile entertainment applications. It also provides wireless voice communications services that include local and long-distance wireless voice services, as well as voicemail, call waiting, three-way calling, caller identification, directory assistance, and call forwarding services. In addition, this segment offers voice and data services internationally through roaming arrangements; and customized wireless services to large companies and government agencies, as well as sells wireless devices, broadband devices, connected devices, and accessories to agents and other third-party distributors. The Wireline segment provides wireline voice and data communications, including domestic and international data communications using various protocols, such as multiprotocol label switching technologies, Internet protocol (IP), managed network services, Voice over IP, session initiated protocol, and traditional voice services to other communications companies, and targeted business subscribers. Sprint Corporation offers its services under the Sprint, Boost Mobile, Virgin Mobile, and Assurance Wireless brands. It offers products through its 300 branded retail locations in the Southern California region. The company was founded in 1899 and is headquartered in Overland Park, Kansas. Sprint Corporation is a subsidiary of SoftBank Group Corp.
Sprint Corporation (S) is confirmed to report earnings at approximately 7:35 AM ET on Tuesday, August 1, 2017. The consensus estimate is for a loss of $0.01 per share on revenue of $8.19 billion and the Earnings Whisper ® number is $0.00 per share. Investor sentiment going into the company's earnings release has 61% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 83.33% with revenue increasing by 2.22%. Short interest has decreased by 16.7% since the company's last earnings release while the stock has drifted lower by 8.2% from its open following the earnings release to be 1.2% below its 200 day moving average of $8.32. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, July 27, 2017 there was some notable buying of 6,384 contracts of the $8.00 put expiring on Friday, August 4, 2017. The stock has averaged a 12.2% move on earnings in recent quarters.
