Telephone and Data Systems (TDS) Earns News Impact Rating of 0.03
News articles about Telephone and Data Systems (NYSE:TDS) have trended somewhat positive on Friday, according to Accern Sentiment. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Telephone and Data Systems earned a news impact score of 0.03 on Accern’s scale. Accern also assigned news coverage about the Wireless communications provider an impact score of 46.1649316463135 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several analysts have commented on TDS shares. Zacks Investment Research lowered shares of Telephone and Data Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, October 24th. BidaskClub lowered shares of Telephone and Data Systems from a “hold” rating to a “sell” rating in a research report on Sunday, July 16th. Five analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and an average target price of $32.00.
Telephone and Data Systems (NYSE:TDS) last announced its quarterly earnings data on Friday, August 4th. The Wireless communications provider reported $0.09 EPS for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.04). Telephone and Data Systems had a return on equity of 1.15% and a net margin of 1.09%. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same period in the prior year, the firm posted $0.25 earnings per share. The business’s quarterly revenue was down 3.7% compared to the same quarter last year.
About Telephone and Data Systems
Telephone and Data Systems, Inc is a diversified telecommunications company. The Company is engaged in conducting its Wireless operations through its subsidiary, United States Cellular Corporation (U.S. Cellular), as well as providing its wireline services, cable services, and hosted and managed services (HMS), through its subsidiary, TDS Telecommunications Corporation (TDS Telecom).
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