United States Cellular Corp expected to post earnings of 14 cents a share - Earnings Preview

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31/07/2024 16:09

* United States Cellular Corp  USM.N   USM  is expected
to show a
fall in quarterly revenue when it reports  results on August 2
for the period ending June 30 2024
    * The Chicago Illinois-based  company is expected to report
a
3.3% decrease in revenue to $925.081 million from $957 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for United States Cellular
Corp is
for earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for United
States
Cellular Corp is $59.00​, above​ its last closing price
of $53.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.29        0.27       0.20      Missed  -26.6
 Dec. 31 2024  0.04        0.04       0.16      Beat    307.6
 Sep. 30 2023  0.06        0.05       0.26      Beat    420​
 Jun. 30 2023  0.20        0.20       0.05      Missed  -75
 ​​Mar.        0.27        0.27       0.15      Missed  -44.8
 31 2023                                                
 Dec. 31 2022  -0.32       -0.33      -0.33     Met     0.8​
 Sep. 30 2022  0.21        0.22       -0.15     Missed  -169.3
 Jun. 30 2022  0.30        0.31       0.25      Missed  -18.6
 This summary was machine generated July 31 at 15:09 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)