Competitive price rates and steady fiber network expansion are key growth drivers for Telephone and Data Systems.
Telephone and Data Systems, Inc. (NYSE:TDS ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Colleen Thompson - Vice President, Corporate Relations Vicki Villacrez - Executive Vice President and CFO, TDS LT Therivel - President and CEO, UScellular Doug Chambers - Executive Vice President, Chief Financial Officer and Treasurer, UScellular Michelle Brukwicki - Senior Vice President, Finance and CFO, TDS Telecom Conference Call Participants Ric Prentiss - Raymond James Sebastiano Petti - J.P. Morgan Sergey Dluzhevskiy - Gamco Investors Operator Thank you for standing by.
TDS reports a top-line decline year over year in the third quarter due to weakness in U.S. Cellular vertical. Healthy growth in the TDS Telecom segment is a tailwind.
Telephone & Data Systems (TDS) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.14 per share. This compares to loss of $0.16 per share a year ago.
Telephone and Data Systems completes divestiture of its subsidiary OneNeck to US Signal Company to boost fiber program.
Telephone and Data Systems (TDS) aims to divest its Texas cable operations to focus on core markets.
Telephone and Data Systems (TDS) reports a revenue decline year over year owing to weakness in the U.S. Cellular segment. Growth in residential broadband connections is a tailwind.
Telephone and Data Systems, Inc. (NYSE:TDS ) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Colleen Thompson - Vice President of Corporate Relations Vicki L. Villacrez - Executive Vice President and Chief Financial Officer LT Therivel - President and Chief Executive Officer, UScellular Doug Chambers - Executive Vice President, Chief Financial Officer & Treasurer Michelle Brukwicki - Senior Vice President of Finance and Chief Financial Officer, TDS Telecom Conference Call Participants Ric Prentiss - Raymond James Sergey Dluzhevskiy - Gamco Investors Jonathan Atkin - RBC Operator Ladies and gentlemen, thank you for standing by.
While the top- and bottom-line numbers for TDS (TDS) 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.
Telephone & Data Systems (TDS) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.17 per share a year ago.
TDS is expected to announce EPS of -$0.13 and revenue of $1.24 billion pre-market on Friday, August 2nd. Assuming the US Cellular deal goes through, even with concessions, investors are looking at mid to high double-digit returns. Downside risk is mitigated by T-Mobile's M&A experience with Sprint.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.