Telephone and Data Q2 EPS $(0.13), Sales $1.24B, Both Inline
Portfolio Pulse from Benzinga Newsdesk
Telephone and Data (NYSE:TDS) reported Q2 earnings per share (EPS) of $(0.13) and sales of $1.24 billion, both in line with analyst estimates. The EPS loss improved by 23.53% year-over-year, while sales decreased by 2.29%.
August 02, 2024 | 11:32 am
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Telephone and Data (NYSE:TDS) reported Q2 EPS of $(0.13) and sales of $1.24 billion, both meeting analyst expectations. The EPS loss improved by 23.53% year-over-year, while sales saw a slight decline of 2.29%.
The earnings and sales figures met analyst expectations, which typically results in a neutral short-term impact on the stock price. The improvement in EPS loss is a positive sign, but the slight decline in sales balances this out.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100