Telephone and Data Systems Inc reports results for the quarter ended in September 30 - Earnings Summary

Telephone and Data Systems

01/11/2024 14:25

* Telephone and Data Systems Inc  TDS.N  reported a
quarterly
adjusted loss of 73 cents​​ per share for the quarter ended
September 30, lower than the same quarter last year, when the
company reported EPS of -16 cents.  The mean expectation of
three analysts for the quarter was for a loss of 18 cents per
share. Wall Street expected results to range from -24 cents
to -8 cents per share.
    * Revenue fell 4.2% to $1.22 billion from a year ago;
analysts
expected $1.25 billion. 
    * Telephone and Data Systems Inc's reported EPS for the
quarter
was a loss of 73 cents​.
    * The company reported a quarterly loss of $83 million.
    * Telephone and Data Systems Inc shares had risen by 28.0%
this
quarter and gained 62.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 29%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the wireless
telecommunications services peer group is also "hold"

This summary was machine generated from LSEG data November 1 at
02:24 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
 Sep. 30 2024      -0.18          -0.73          Missed
 Jun. 30 2024      -0.13          -0.13          Met
 Mar. 31 2024      -0.05          0.10           Beat
 Dec. 31 2023      -0.12          -0.11          Beat