United States Cellular (USM) to Release Quarterly Earnings on Friday

United States Cellular (NYSE:USM) is set to issue its quarterly earnings data before the market opens on Friday, November 1st. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

United States Cellular (NYSE:USM) last released its quarterly earnings results on Friday, August 2nd. The Wireless communications provider reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.06. The business had revenue of $927.00 million during the quarter, compared to analysts’ expectations of $924.96 million. United States Cellular had a return on equity of 1.55% and a net margin of 1.88%. The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.05 EPS. On average, analysts expect United States Cellular to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

United States Cellular Stock Up 0.8 %

NYSE USM opened at $62.31 on Thursday. The stock has a 50 day moving average price of $56.70 and a 200-day moving average price of $51.76. United States Cellular has a one year low of $32.01 and a one year high of $67.84. The company has a market capitalization of $5.36 billion, a P/E ratio of 75.99 and a beta of 0.48. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.39 and a current ratio of 1.55.

Insiders Place Their Bets

In related news, EVP Kevin R. Lowell sold 37,597 shares of the stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $49.34, for a total value of $1,855,035.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.00% of the company’s stock.

About United States Cellular

United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides wireless devices, such as handsets, tablets, mobile hotspots, home phones, and routers, as well as wireless essentials, including cases, screen protectors, chargers, and memory cards; and consumer electronics comprising audio, home automation, and networking products.