United States Cellular (NYSE:USM) Issues Quarterly Earnings Results

United States Cellular (NYSE:USM) issued its quarterly earnings results on Friday. The Wireless communications provider reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.06), Briefing.com reports. United States Cellular had a return on equity of 1.30% and a net margin of 1.55%. The firm had revenue of $950.00 million during the quarter, compared to analyst estimates of $957.75 million. During the same quarter last year, the firm posted $0.15 EPS. The firm’s revenue for the quarter was down 3.7% on a year-over-year basis.

United States Cellular Price Performance

USM stock opened at $34.10 on Monday. The company has a quick ratio of 1.33, a current ratio of 1.55 and a debt-to-equity ratio of 0.66. The company’s fifty day simple moving average is $35.51 and its 200 day simple moving average is $39.72. United States Cellular has a 12-month low of $13.79 and a 12-month high of $48.47. The firm has a market cap of $2.90 billion, a price-to-earnings ratio of 50.90 and a beta of 0.45.

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.