United States Cellular (USM) to Release Quarterly Earnings on Friday
United States Cellular (NYSE:USM) is scheduled to be announcing its Q114 earnings results on Friday, May 2nd. Analysts expect the company to announce earnings of ($0.51) per share and revenue of $916.48 million for the quarter.
United States Cellular (NYSE:USM) last announced its earnings results on Wednesday, February 26th. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.80) by $0.82. The company had revenue of $825.10 million for the quarter, compared to the consensus estimate of $938.20 million. During the same quarter in the previous year, the company posted ($0.47) earnings per share. The company’s revenue for the quarter was down 19.1% on a year-over-year basis. On average, analysts expect United States Cellular to post $-1.29 EPS for the current fiscal year and $-0.68 EPS for the next fiscal year.
Shares of United States Cellular (NYSE:USM) opened at 41.54 on Thursday. United States Cellular has a 52-week low of $32.25 and a 52-week high of $48.98. The stock has a 50-day moving average of $40.51 and a 200-day moving average of $42.49. The company has a market cap of $3.498 billion and a price-to-earnings ratio of 24.28.
A number of research firms have recently commented on USM. Analysts at Zacks reiterated a “neutral” rating on shares of United States Cellular in a research note on Tuesday, March 11th. They now have a $40.00 price target on the stock. On a related note, analysts at UBS AG upgraded shares of United States Cellular from a “neutral” rating to an “overweight” rating in a research note on Monday, March 3rd. They now have a $76.00 price target on the stock, up previously from $57.00. Finally, analysts at Raymond James cut their price target on shares of United States Cellular from $51.00 to $44.00 in a research note on Monday, March 3rd. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $49.00.
United States Cellular Corporation (NYSE:USM) is a wireless telecommunications service provider.
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