Telephone and Data Q3 EPS $(0.16) Misses $(0.11) Estimate, Sales $1.28B Miss $1.28B Estimate
Portfolio Pulse from Benzinga Newsdesk
Telephone and Data (NYSE:TDS) reported Q3 losses of $(0.16) per share, missing the analyst consensus estimate of $(0.11) by 45.45%. This is a 27.27% increase over losses from the same period last year. The company also reported quarterly sales of $1.28 billion, missing the analyst consensus estimate by 0.16%. This is an 8.19% decrease over sales from the same period last year.
November 03, 2023 | 11:42 am
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NEGATIVE IMPACT
Telephone and Data's Q3 earnings missed analyst estimates, with losses per share increasing by 27.27% YoY and sales decreasing by 8.19% YoY.
The company's Q3 earnings missed analyst estimates, which is likely to negatively impact investor sentiment and potentially the stock price. The increase in losses and decrease in sales YoY further contribute to this negative outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100