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

Telephone and Data Systems (NYSE:TDS - Get Free Report) will issue 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. Investors that are interested in participating in the company's conference call can do so using this link.

Telephone and Data Systems (NYSE:TDS - Get Free Report) last issued its earnings results on Friday, February 16th. The Wireless communications provider reported ($0.11) earnings per share for the quarter, topping analysts' consensus estimates of ($0.12) by $0.01. Telephone and Data Systems had a positive return on equity of 0.21% and a negative net margin of 9.69%. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period in the prior year, the firm earned ($0.38) earnings per share. Telephone and Data Systems's revenue for the quarter 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 Stock Up 1.6 %

Shares of NYSE:TDS traded up $0.26 during trading on Monday, reaching $16.04. 817,519 shares of the stock were exchanged, compared to its average volume of 939,014. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.40 and a quick ratio of 1.23. Telephone and Data Systems has a 1-year low of $6.43 and a 1-year high of $21.75. The stock has a fifty day moving average of $15.48 and a two-hundred day moving average of $17.48. The firm has a market cap of $1.81 billion, a price-to-earnings ratio of -3.17 and a beta of 0.81.

Telephone and Data Systems Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.74%. 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 is presently -15.05%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Telephone and Data Systems from a "hold" rating to a "sell" rating in a research 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.