United States Cellular (NYSE:USM) Posts Earnings Results, Beats Expectations By $0.09 EPS

United States Cellular (NYSE:USM) posted its quarterly earnings data on Friday. The Wireless communications provider reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.09, Briefing.com reports. The business had revenue of $922.00 million during the quarter, compared to analysts’ expectations of $940.40 million. United States Cellular had a return on equity of 1.55% and a net margin of 1.88%. The business’s revenue was down 4.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.26 earnings per share.

United States Cellular Stock Down 6.8 %

United States Cellular stock opened at $57.49 on Monday. The stock has a market capitalization of $4.94 billion, a PE ratio of -159.69 and a beta of 0.47. United States Cellular has a 12 month low of $32.01 and a 12 month high of $67.84. The business has a 50 day simple moving average of $57.11 and a 200-day simple moving average of $52.18. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.55 and a quick ratio of 1.39.

About United States Cellular

United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides wireless devices, such as handsets, tablets, mobile hotspots, home phones, and routers, as well as wireless essentials, including cases, screen protectors, chargers, and memory cards; and consumer electronics comprising audio, home automation, and networking products.