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

Telephone and Data Systems (NYSE:TDS) will be issuing its quarterly earnings data before the market opens on Friday, May 3rd. Analysts expect the company to announce earnings of ($0.22) per share for the quarter.

Telephone and Data Systems (NYSE:TDS) last released its earnings results on Friday, February 16th. The Wireless communications provider reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.01. Telephone and Data Systems had a negative net margin of 9.69% and a positive return on equity of 0.21%. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same period last year, the business earned ($0.38) earnings per share. The business’s revenue was down 3.2% on a year-over-year basis. On average, analysts expect Telephone and Data Systems to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Telephone and Data Systems Price Performance

TDS stock opened at $15.78 on Monday. The firm has a 50 day moving average price of $15.48 and a 200-day moving average price of $17.48. Telephone and Data Systems has a 52-week low of $6.43 and a 52-week high of $21.75. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of -3.12 and a beta of 0.81. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.23 and a current ratio of 1.40.

Telephone and Data Systems Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 4.82%. This is a positive change from Telephone and Data Systems’s previous quarterly dividend of $0.19. The ex-dividend date was Thursday, March 14th. Telephone and Data Systems’s dividend payout ratio (DPR) is presently -15.05%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Telephone and Data Systems from a “hold” rating to a “sell” rating in a report on Tuesday, March 26th.

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.