United States Cellular (NYSE:USM) Issues Earnings Results

United States Cellular (NYSE:USM) released its quarterly earnings data on Friday. The Wireless communications provider reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.09, Briefing.com reports. United States Cellular had a return on equity of 1.55% and a net margin of 1.88%. The company had revenue of $922.00 million for the quarter, compared to analyst estimates of $940.40 million. During the same quarter in the previous year, the company posted $0.26 earnings per share. The firm’s revenue for the quarter was down 4.3% compared to the same quarter last year.

United States Cellular Stock Performance

Shares of United States Cellular stock opened at $57.49 on Monday. United States Cellular has a 52 week low of $32.01 and a 52 week high of $67.84. The business’s fifty day simple moving average is $57.11 and its 200-day simple moving average is $52.18. The firm has a market cap of $4.94 billion, a PE ratio of -159.69 and a beta of 0.47. The company has a quick ratio of 1.39, a current ratio of 1.55 and a debt-to-equity ratio of 0.62.

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.