U.S. Cellular's Q3 Earnings Beat Estimate, Revenues Decline Y/Y
USM reports a top-line decline owing to declining retail connections. Healthy traction in the fixed wireless portfolio is a positive.
U.S. Cellular (USM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for U.S. Cellular (USM) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
United States Cellular (USM) Q3 Earnings Beat Estimates
United States Cellular (USM) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.26 per share a year ago.
United States Cellular Exits Wireless Business: What The T-Mobile And Verizon Deals Mean For Investors
United States Cellular plans to sell its wireless operations and 30% of its spectrum to T-Mobile for $4.4 billion, exiting the wireless business by mid-2025. U.S. Cellular will retain 70% of its spectrum, 4,400 towers, and key investments, focusing on fiber infrastructure and fixed wireless broadband solutions. Combined, the $1 billion spectrum sale to Verizon and the T-Mobile deal will boost USM's cash by $3.4 billion and reduce debt by $2 billion.
Will the Divestiture of Spectrum Assets Propel USM's Stock Growth?
Divestiture of spectrum holdings will improve U.S. Cellular's liquidity position, reduce debt burden and propel investment in growth initiatives.
U.S. Cellular (USM) Surges 7.2%: Is This an Indication of Further Gains?
U.S. Cellular (USM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Overlooked Stock: USM
U.S. Cellular (USM) shares popped to 16-year highs after a agreeing to a deal to sell spectrum licenses to Verizon (VZ). George Tsilis dives into the cellular phone space and how this deal is tied to T-Mobile (TMUS) too.
US Cellular to sell select spectrum assets to Verizon for $1 bln
United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon in a $1 billion deal.
US Cellular And Telephone And Data Systems: Preferreds Are Still Discounted
Telephone And Data Systems preferred stock offers an 8% yield on cost for 76 cents on the dollar. The stocks are still discounted against pending asset sales, savings from a right-sized dividend, and pending Fed rate cuts. An expected surge in the company's cash position is set to reduce the risk profile of the preferreds and further boost their value in aggregate with yield compression.
U.S. Cellular's (USM) Q2 Earnings Beat Despite Lower Revenues
U.S. Cellular (USM) reports a top-line contraction year over year, owing to a decline in postpaid and prepaid retail connections. However, growth in fixed wireless subscribers is a tailwind.
U.S. Cellular (USM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for U.S. Cellular (USM) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
United States Cellular (USM) Q2 Earnings and Revenues Beat Estimates
United States Cellular (USM) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.05 per share a year ago.
