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

Telephone and Data Systems

03/11/2023 13:32

* Telephone and Data Systems Inc  TDS.N  reported a
quarterly
adjusted loss of 16 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of -22 cents.  The mean expectation of
four analysts for the quarter was for a loss of 11 cents per
share. Wall Street expected results to range from -14 cents
to -8 cents per share.
    * Revenue fell 8.2% to $1.28 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 16 cents​.
    * The company reported a quarterly loss of $17 million.
    * Telephone and Data Systems Inc shares had risen by 4.0%
this
quarter and gained 81.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 27.7%
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 2 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the wireless
telecommunications services peer group is also "hold"

Wall Street's median 12-month price target for Telephone and
Data Systems Inc is $23.00 
This summary was machine generated from LSEG data November 3 at
01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.11          -0.16          Missed
 Jun. 30 2023      -0.04          -0.17          Missed
 Mar. 31 2023      0.04           -0.08          Missed
 Dec. 31 2022      -0.36          -0.38          Missed