United States Cellular Q2 EPS $0.05 Misses $0.21 Estimate, Sales $957.00M Miss $995.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
United States Cellular (NYSE:USM) reported Q2 earnings of $0.05 per share, missing the analyst consensus estimate of $0.21 by 76.19%. This is a 80% decrease from the same period last year. The company also reported quarterly sales of $957.00 million, missing the analyst consensus estimate of $995.64 million by 3.88%. This is a 6.82% decrease from the same period last year.
August 04, 2023 | 3:14 pm
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NEGATIVE IMPACT
United States Cellular's Q2 earnings and sales missed estimates, with a significant YoY decrease. This could negatively impact the stock price.
United States Cellular reported lower than expected earnings and sales for Q2, which is a significant decrease from the same period last year. This could lead to a decrease in the stock price as it indicates a potential decline in the company's financial performance.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100