Telephone and Data Q4 Adj EPS $(0.11) Beats $(0.12) Estimate, Sales $1.31B Beat $1.28B Estimate
Portfolio Pulse from Benzinga Newsdesk
Telephone and Data (NYSE:TDS) reported Q4 adjusted EPS of $(0.11), surpassing the $(0.12) estimate, and sales of $1.31B, exceeding the $1.28B estimate. This represents a 71.05% improvement in EPS and a 3.24% decrease in sales year-over-year.
February 16, 2024 | 12:32 pm
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POSITIVE IMPACT
Telephone and Data (TDS) reported a smaller-than-expected Q4 loss and higher sales, indicating a strong performance against estimates.
Beating both EPS and sales estimates typically generates positive investor sentiment, potentially leading to a short-term stock price increase. The significant improvement in EPS year-over-year further strengthens the case for a positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100