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

Telephone and Data Systems (NYSE:TDS) will be announcing its earnings results before the market opens on Friday, November 1st. Analysts expect the company to announce earnings of ($0.14) per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

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, meeting the consensus estimate of ($0.13). Telephone and Data Systems had a negative net margin of 9.31% and a positive return on equity of 0.73%. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.24 billion. During the same quarter last year, the firm posted ($0.17) earnings per share. The business’s revenue for the quarter was down 2.3% compared to the same quarter last year. 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 Price Performance

Shares of TDS opened at $29.62 on Thursday. The company has a market cap of $3.35 billion, a P/E ratio of -6.13 and a beta of 0.81. Telephone and Data Systems has a fifty-two week low of $13.69 and a fifty-two week high of $30.44. The company has a quick ratio of 1.37, a current ratio of 1.51 and a debt-to-equity ratio of 0.84. The firm’s 50 day moving average price is $24.30 and its 200 day moving average price is $21.14.

Telephone and Data Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date was Monday, September 16th. Telephone and Data Systems’s dividend payout ratio is currently -3.31%.

About Telephone and Data Systems

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.