Sprint (S) is the fourth-largest wireless service provider in the US. Last week, T-Mobile (TMUS) and Sprint officially received approval from the Department of Justice for their $26.5-billion merger. However, the deal still faces some challenges. Read T-Mobile: A Look at Q2 Results as It Awaits Merger Approval and T-Mobile–Sprint Merger Faces More Uncertainty to learn more.

Sprint will likely report its first-quarter earnings results on Friday. The first quarter ended on June 30. Analysts expect Sprint’s adjusted EPS to reach -$0.04 in the first quarter—compared to $0.04 in the first quarter of fiscal 2018. Analysts expect the company’s total revenues to fall 0.8% YoY (year-over-year) and reach $8.1 billion in the first quarter. The company will likely report net losses of 200,000 postpaid phone customers and 50,000 prepaid customers.