Telephone and Data Systems Inc reports results for the quarter ended in December - Earnings Summary

Telephone and Data Systems

16/02/2024 14:31

* Telephone and Data Systems Inc  TDS.N  reported a
quarterly
adjusted loss of 11 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of -38 cents.  The mean expectation of
four analysts for the quarter was for a loss of 12 cents per
share. Wall Street expected results to range from -19 cents
tozero cents per share.
    * Revenue fell 3.2% to $1.31 billion from a year ago;
analysts
expected $1.28 billion. 
    * Telephone and Data Systems Inc's reported EPS for the
quarter
was a loss of $4.64​.
    * The company reported a quarterly loss of $523 million.
    * Telephone and Data Systems Inc shares had risen by 0.5%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 17.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Telephone
and
Data Systems Inc is $25.00 

This summary was machine generated from LSEG data February 16 at
02:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.12          -0.11          Beat
 Sep. 30 2023      -0.11          -0.16          Missed
 Jun. 30 2023      -0.04          -0.17          Missed
 Mar. 31 2023      0.04           -0.08          Missed