Telephone and Data Systems (TDS) Set to Announce Earnings on Friday

Telephone and Data Systems (NYSE:TDS) is set to post its quarterly earnings results before the market opens on Friday, November 1st. Analysts expect Telephone and Data Systems to post earnings of ($0.14) per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Telephone and Data Systems (NYSE:TDS) last announced its earnings results on Friday, August 2nd. The Wireless communications provider reported ($0.13) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.13). The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.24 billion. Telephone and Data Systems had a positive return on equity of 0.73% and a negative net margin of 9.31%. During the same quarter in the prior year, the business earned ($0.17) earnings per share. The company’s revenue was down 2.3% on a year-over-year basis. On average, analysts expect Telephone and Data Systems to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Telephone and Data Systems Stock Performance

NYSE:TDS opened at $29.02 on Wednesday. The firm has a market capitalization of $3.28 billion, a PE ratio of -6.01 and a beta of 0.81. The firm’s fifty day simple moving average is $24.12 and its 200 day simple moving average is $21.08. Telephone and Data Systems has a 1 year low of $13.69 and a 1 year high of $30.44. The company has a current ratio of 1.51, a quick ratio of 1.37 and a debt-to-equity ratio of 0.84.

Telephone and Data Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend was Monday, September 16th. Telephone and Data Systems’s payout ratio is currently -3.31%.

Telephone and Data Systems Company Profile

Telephone and Data Systems, Inc, a telecommunications company, provides communications services in the United States. It operates through two segments: UScellular and TDS Telecom. The company offers wireless solutions to consumers, and business and government customers, including a suite of connected Internet of things (IoT) solutions, and software applications for monitor and control, business automation/operations, communication, fleet and asset management, smart water solutions, private cellular networks and custom, and end-to-end IoT solutions; wireless priority services and quality priority and preemption options; smartphones and other handsets, tablets, wearables, mobile hotspots, fixed wireless home internet, and IoT devices; and accessories, such as cases, screen protectors, chargers, and memory cards, as well as consumer electronics, including audio, home automation and networking products.