Telephone and Data Q2 EPS $(0.17) Misses $(0.04) Estimate, Sales $1.27B Miss $1.31B Estimate
Portfolio Pulse from Benzinga Newsdesk
Telephone and Data (NYSE:TDS) reported Q2 losses of $(0.17) per share, missing the analyst consensus estimate of $(0.04) by 325 percent. This is a 213.33 percent decrease over earnings of $0.15 per share from the same period last year. The company also reported quarterly sales of $1.27 billion, missing the analyst consensus estimate of $1.31 billion by 3.21 percent, a 6.08 percent decrease over sales of $1.35 billion the same period last year.

August 04, 2023 | 3:10 pm
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NEGATIVE IMPACT
Telephone and Data's Q2 earnings and sales missed estimates significantly, indicating a potential negative impact on the company's stock price.
The company's earnings and sales for Q2 significantly missed estimates, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100