United States Cellular (NYSE:USM) Announces Earnings Results

United States Cellular (NYSE:USM - Get Free Report) posted its quarterly earnings results on Friday. The Wireless communications provider reported $0.20 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.06), Briefing.com reports. United States Cellular had a return on equity of 1.19% and a net margin of 1.41%. The firm had revenue of $950.00 million for the quarter, compared to analyst estimates of $957.75 million. During the same quarter last year, the firm earned $0.15 EPS. The company's revenue was down 3.7% on a year-over-year basis.

United States Cellular Stock Down 8.5 %

NYSE USM traded down $3.16 on Friday, hitting $34.10. 760,769 shares of the stock were exchanged, compared to its average volume of 187,181. The company has a quick ratio of 1.33, a current ratio of 1.55 and a debt-to-equity ratio of 0.66. United States Cellular has a fifty-two week low of $13.79 and a fifty-two week high of $48.47. The company has a market cap of $2.90 billion, a PE ratio of 55.00 and a beta of 0.45. The company has a 50-day moving average price of $35.51 and a 200-day moving average price of $39.75.

United States Cellular Company Profile

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.