Telephone and Data Systems Third Quarter 2024 Earnings: EPS Misses Expectations
Telephone and Data Systems, Inc. TDS | 34.90 | +1.54% |
Telephone and Data Systems (NYSE:TDS) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$1.22b (down 4.2% from 3Q 2023).
- Net loss: US$83.0m (loss widened by 388% from 3Q 2023).
- US$0.73 loss per share (further deteriorated from US$0.15 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Telephone and Data Systems EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly.
Looking ahead, revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Wireless Telecom industry in the US are expected to grow by 4.4%.
The company's shares are down 5.2% from a week ago.
Risk Analysis
You should always think about risks.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
