Telephone and Data Systems Inc reports results for the quarter ended December 31 - Earnings Summary

• Telephone and Data Systems Inc TDS.N reported a quarterly adjusted loss of 10 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of three analysts for the quarter was for a loss of 28 cents per share. Wall Street expected results to range from -38 cents to -16 cents per share.

• Revenue fell 5.6% to $1.24 billion from a year ago; analysts expected $1.25 billion.

• Telephone and Data Systems Inc's reported EPS for the quarter was a loss of 10 cents​.

• The company reported a quarterly loss of $11 million.

• Telephone and Data Systems Inc shares had risen by 16.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the wireless telecommunications services peer group is also "hold"

Wall Street's median 12-month price target for Telephone and Data Systems Inc is $52.00

This summary was machine generated from LSEG data February 21 at 03:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)