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

Telephone and Data Systems (NYSE:TDS - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Friday, August 1st. Analysts expect Telephone and Data Systems to post earnings of ($0.01) per share and revenue of $1.17 billion for the quarter.

Telephone and Data Systems (NYSE:TDS - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The Wireless communications provider reported ($0.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.07). The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.18 billion. Telephone and Data Systems had a positive return on equity of 0.73% and a negative net margin of 1.03%. The company's revenue was down 8.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.10 EPS. On average, analysts expect Telephone and Data Systems to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Telephone and Data Systems Price Performance

TDS stock traded up $0.15 during midday trading on Friday, reaching $40.05. 3,423,663 shares of the stock were exchanged, compared to its average volume of 1,349,458. The stock has a market capitalization of $4.57 billion, a PE ratio of -38.15 and a beta of 0.51. Telephone and Data Systems has a 52 week low of $17.90 and a 52 week high of $42.74. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.74 and a quick ratio of 1.55. The company has a fifty day moving average price of $35.57 and a 200 day moving average price of $35.85.

Telephone and Data Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were given a dividend of $0.04 per share. The ex-dividend date was Monday, June 16th. This represents a $0.16 dividend on an annualized basis and a yield of 0.40%. Telephone and Data Systems's dividend payout ratio is currently -15.24%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on TDS shares. JPMorgan Chase & Co. reduced their price objective on Telephone and Data Systems from $56.00 to $53.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 28th. Raymond James Financial reaffirmed an "outperform" rating and set a $49.00 target price (up from $47.00) on shares of Telephone and Data Systems in a report on Friday. Finally, Wall Street Zen raised Telephone and Data Systems from a "sell" rating to a "hold" rating in a report on Saturday, July 12th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TDS. United Services Automobile Association acquired a new position in shares of Telephone and Data Systems in the 1st quarter valued at about $248,000. Royal Bank of Canada lifted its stake in shares of Telephone and Data Systems by 25.8% in the 1st quarter. Royal Bank of Canada now owns 42,165 shares of the Wireless communications provider's stock valued at $1,633,000 after purchasing an additional 8,640 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Telephone and Data Systems by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 58,721 shares of the Wireless communications provider's stock valued at $2,275,000 after purchasing an additional 2,572 shares during the period. Finally, AQR Capital Management LLC lifted its stake in shares of Telephone and Data Systems by 21.3% in the 1st quarter. AQR Capital Management LLC now owns 67,125 shares of the Wireless communications provider's stock valued at $2,574,000 after purchasing an additional 11,769 shares during the period. 80.00% of the stock is owned by institutional investors and hedge funds.

About Telephone and Data Systems

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.