T-Mobile’s Strong Quarter, Tenet Health Falters on Slower Growth, and 3 More Hot Stocks

T-Mobile US (NYSE:TMUS): T-Mobile shares are responding positively to the company’s solid quarterly report, as revenue of $6.69 billion grew (inclusive of MetroPCS) and beat by $120 million. T-Mobile subscriber adds beat estimates, as well, with total net adds of 1.02 million against 1.05 million in the second quarter and -152,000 from a year ago; branded postpaid net adds reached 648,000 versus the 688,000 in the second quarter and -492,000 a year ago. The full-year adjusted EBITDA guidance of $5.2 billion-$5.4 billion and cash capex guidance of $4.2 billion-$4.4 billion has been reaffirmed.


Tenet Healthcare Corp. (NYSE:THC): Despite in-line earnings and a beat on revenue, Tenet’s stock is trading about 10 percent down. Adjusted EBITDA growth fell at 7.1 percent compared to 16.7 percent growth in the second quarter and 16.6 percent growth in the first quarter. Adjusted admissions dropped 0.5 percent as emergency department visits and outpatient visits saw gains of 3.1 percent and 3.5 percent, respectively.


BroadSoft Inc. (NASDAQ:BSFT): Broadsoft shares are cratering nearly 25 percent as earnings per share of 29 cents missed by 1 cent and revenues of $42.9 million were off by $2.26 million. The gross margin fell by 5 percent to 75 percent during the third quarter, while operating expenditures grew 36 percent year-on-year to $35 million, far outpacing revenue growth of 7 percent. Weak guidance of $47 million-$53 million versus the consensus of $54.9 million and EPS of 34 cents to 49 cents (against consensus of 51 cents) spurred the selloff.


Sempra Energy (NYSE:SRE): Sempra shares are down slightly as it reports EPS of $1.19, missing by 3 cents, and revenue of $2.55 billion also missed, by $0.01 billion. ”During the quarter, we continued to make progress on several of our key infrastructure projects and also entered into new joint ventures consistent with our strategy for our growing renewable energy business,” Sempra CEO Debra L. Reed said.


Red Robin Gourmet Burgers Inc. (NASDAQ:RRGB): EPS of 32 cents beat expectations by 3 cents and revenues of $230.7 million also surpassed, by $1.76 million. Comparable restaurant sales rose 5.7 percent during the third quarter as compared to a year ago; traffic increased 1.1 percent, and the average guest check saw gains of 4.6 percent during the period.


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