United States Cellular Q3 EPS $0.26 Beats $0.05 Estimate, Sales $963.00M Miss $1.00B Estimate
Portfolio Pulse from Benzinga Newsdesk
United States Cellular (NYSE:USM) reported Q3 earnings of $0.26 per share, beating the analyst consensus estimate of $0.05 by 420%. However, the company's quarterly sales of $963.00 million missed the analyst consensus estimate of $1.00 billion by 3.70%.
November 03, 2023 | 11:37 am
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NEUTRAL IMPACT
US Cellular's Q3 earnings beat estimates but sales missed, which could lead to mixed market reactions.
US Cellular's earnings beat could boost investor confidence, but the sales miss might offset this positive sentiment. The net impact on the stock price could be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100