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

United States Cellular (NYSE:USM) posted its quarterly earnings results on Friday. The Wireless communications provider reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.06), Briefing.com reports. United States Cellular had a net margin of 1.41% and a return on equity of 1.19%. The company had revenue of $950.00 million during the quarter, compared to analyst estimates of $957.75 million. During the same period last year, the company earned $0.15 EPS. The business’s revenue for the quarter was down 3.7% compared to the same quarter last year.

United States Cellular Trading Down 8.5 %

NYSE:USM traded down $3.16 during mid-day trading on Friday, hitting $34.10. The company had a trading volume of 760,769 shares, compared to its average volume of 187,181. The firm has a market cap of $2.90 billion, a P/E ratio of 55.00 and a beta of 0.45. United States Cellular has a fifty-two week low of $13.79 and a fifty-two week high of $48.47. The business’s fifty day moving average is $35.51 and its two-hundred day moving average is $39.79. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.33 and a current ratio of 1.55.

About United States Cellular

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.