Earnings Preview For United States Cellular
Portfolio Pulse from Benzinga Insights
United States Cellular (NYSE:USM) is scheduled to release its quarterly earnings report on February 16, 2024, with an estimated EPS of $0.04. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but resulting in no share price change. Shares have risen 62.07% over the last year, indicating positive sentiment among long-term investors.
February 15, 2024 | 2:01 pm
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United States Cellular is expected to report an EPS of $0.04 for the latest quarter. Historical performance shows mixed reactions to earnings announcements. Shares have significantly appreciated over the past year.
Given the historical mixed reactions to United States Cellular's earnings reports, the short-term impact on the stock price is uncertain. However, the positive year-over-year share price increase suggests a generally bullish sentiment among investors, which could mitigate any negative reaction to the earnings report, assuming it meets or exceeds expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100