Telephone & Data Systems (NYSE:TDS) is set to post its quarterly earnings results after the market closes on Thursday, August 1st. Analysts expect Telephone & Data Systems to post earnings of $0.32 per share for the quarter.

Telephone & Data Systems (NYSE:TDS) last posted its quarterly earnings data on Thursday, May 2nd. The Wireless communications provider reported $0.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.14. Telephone & Data Systems had a net margin of 3.00% and a return on equity of 2.92%. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter last year, the firm posted $0.34 earnings per share. The business’s revenue for the quarter was up 2.6% compared to the same quarter last year. On average, analysts expect Telephone & Data Systems to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of NYSE TDS traded down $0.43 during midday trading on Monday, hitting $33.01. The company’s stock had a trading volume of 4,321 shares, compared to its average volume of 623,615. The company’s fifty day moving average price is $31.34. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.42 and a quick ratio of 2.25. Telephone & Data Systems has a 1 year low of $24.68 and a 1 year high of $37.29. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of 28.37 and a beta of 1.04.

In related news, Director Clarence A. Davis sold 2,410 shares of the firm’s stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $30.18, for a total value of $72,733.80. Following the sale, the director now owns 9,500 shares of the company’s stock, valued at $286,710. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Joseph R. Hanley sold 15,867 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $31.42, for a total transaction of $498,541.14. Following the completion of the sale, the senior vice president now directly owns 13,768 shares in the company, valued at approximately $432,590.56. The disclosure for this sale can be found here. In the last ninety days, insiders sold 60,003 shares of company stock worth $1,948,100. 14.33% of the stock is owned by corporate insiders.

Several research analysts have recently commented on TDS shares. Morgan Stanley raised their price objective on shares of Kimberly Clark from $132.00 to $145.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 18th. TheStreet lowered shares of ZTO Express (Cayman) from a “b+” rating to a “c” rating in a research note on Wednesday, May 1st. ValuEngine raised shares of Zogenix from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 27th. Finally, Zacks Investment Research lowered shares of EXACT Sciences from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $39.30.

About Telephone & Data Systems

Telephone and Data Systems, Inc, a telecommunications company, provides wireless, cable and wireline broadband, TV, voice, and hosted and managed services in the United States. It operates through three segments: U.S. Cellular, Wireline, and Cable. The company offers cellular services to postpaid and prepaid customers, including retail consumers, government entities, and small-to-mid-size business customers in industries, such as the construction, retail, agriculture, professional services, and real estate; and national plans with voice, messaging, and data usage options.

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Earnings History for Telephone & Data Systems (NYSE:TDS)

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