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

United States Cellular (NYSE:USM) released its quarterly earnings data on Friday. The Wireless communications provider reported $0.20 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $957.75 million. During the same period last year, the company earned $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

Shares of USM traded down $3.16 during midday trading on Friday, hitting $34.10. 760,769 shares of the company traded hands, compared to its average volume of 187,181. The firm has a 50 day moving average of $35.51 and a 200-day moving average of $39.79. United States Cellular has a 52 week low of $13.79 and a 52 week high of $48.47. The stock has a market cap of $2.90 billion, a price-to-earnings ratio of 55.00 and a beta of 0.45. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.33 and a current ratio of 1.55.

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.