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

Telephone and Data Systems (NYSE:TDS) is scheduled to release its earnings data 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.

Telephone and Data Systems (NYSE:TDS) last posted its quarterly earnings data on Friday, August 2nd. The Wireless communications provider reported ($0.13) EPS for the quarter, hitting the consensus estimate of ($0.13). The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.24 billion. Telephone and Data Systems had a negative net margin of 9.31% and a positive return on equity of 0.73%. The business’s revenue for the quarter was down 2.3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.17) earnings per share. 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 Up 2.8 %

Shares of TDS stock opened at $28.99 on Friday. The stock’s 50-day simple moving average is $23.80 and its 200-day simple moving average is $20.82. The firm has a market capitalization of $3.28 billion, a PE ratio of -6.00 and a beta of 0.81. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.37 and a current ratio of 1.51. Telephone and Data Systems has a fifty-two week low of $13.69 and a fifty-two week high of $30.44.

Telephone and Data Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were given a $0.04 dividend. The ex-dividend date was Monday, September 16th. This represents a $0.16 annualized dividend and a yield of 0.55%. Telephone and Data Systems’s dividend payout ratio is presently -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.