Report
Allan C. Nichols
EUR 101.80 For Business Accounts Only

Sprint bounces back from the brink but is still mired in fourth place among U.S. wireless carriers.

Sprint reported mixed fiscal third-quarter results, with weak revenue, but improved margins. We expect these two items to basically offset each other, which should prevent any significant changes to our fair value estimate. Our no-moat rating is intact and we believe the shares are fairly valued. The firm’s reported revenue fell 3.6% year over year, which brings its nine-month revenue down 2% versus our full-year projection of an increase of 0.4%. While we were impressed with the significant imp...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Allan C. Nichols

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