Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Telephone & Data Systems, Inc.    TDS

Delayed Quote. Delayed  - 07/25 10:02:17 pm
28.85 USD   +2.89%
07/24 TELEPHONE & DAT : and data transmission services
07/17 TELEPHONE & DAT : and data transmission services
07/13 TELEPHONE & DAT : and data transmission services
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Telephone & Data 1Q Net Rises 20% As US Cellular Net Jumps 77%

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/04/2012 | 03:01pm CEST

Telephone & Data Systems Inc.'s (>> Telephone & Data Systems, Inc.) first-quarter earnings rose 20% as the profit at its U.S. Cellular Corp. (>> United States Cellular Corporation) jumped a better-than-expected 77%.

U.S. Cellular--which accounts for the bulk of TDS's revenue--has been steadily losing postpaid subscribers amid fierce competition in a wireless industry nearly saturated with cellphones. In an effort to attract prepaid subscribers, U.S. Cellular teamed up with Atlantic Tele-Network Inc.'s (>> Atlantic Tele-Network, Inc.) Alltel Wireless unit to sell "U Prepaid" no-contract wireless service in nearly 500 Wal-Mart Stores Inc. (WMT) locations, starting this month.

Standard & Poor's Ratings Services in March lowered its ratings outlook for both TDS and U.S. Cellular to negative from stable, saying competitive pressures at U.S. Cellular could intensify, resulting in increased subscriber losses.

TDS--a provider of wireless, landline and broadband services--reported a profit of $52.2 million, or 48 cents a share, up from $43.5 million, or 39 cents, a year earlier. Analysts polled by Thomson Reuters had most recently forecast earnings of 35 cents.

Revenue jumped 3.7% to $1.31 billion, reflecting a 2.6% rise in TDS Telecom revenue. Operating margin edged up to 7.2% from 7.1%.

Meanwhile, cellphone-service provider U.S. Cellular reported a profit of $62.5 million, or 73 cents a share, up from $35.2 million, or 41 cents, a year earlier. Operating revenue jumped 3.3% to $1.09 billion.

Analysts polled by Thomson Reuters had most recently forecast earnings of 44 cents on revenue of $1.09 billion.

Operating margin rose to 7.8% from 5.6%.

The carrier said it lost 38,000 postpaid customers in the most-recent quarter, pushing its total base down 3.2% to 5.84 million customers from 6.03 million a year earlier.

Postpaid average revenue per contract customer rose 5.4% to $54. The customer turnover rate, known as churn, rose to 1.6% from 1.4% a year ago and was flat with the prior quarter.

Both companies backed their full-year guidance

Shares of TDS and U.S. Cellular closed Thursday at $24.44 and $40.51, respectively. Both were inactive premarket.

-By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TELEPHONE & DATA SYSTEMS,
07/24 TELEPHONE & DATA : and data transmission services
07/17 TELEPHONE & DATA : and data transmission services
07/13 TELEPHONE & DATA : and data transmission services
07/11 TELEPHONE & DATA : and data transmission services
07/06 TELEPHONE & DATA : OneNeck IT Solutions Among Top 501 Managed Service Providers ..
07/03 TELEPHONE & DATA : and data transmission services
07/01 TELEPHONE & DATA : and data transmission services
06/28 TELEPHONE & DATA : TDS names Anita Kroll as vice president and controller
06/28 TELEPHONE & DATA : TDS names Michelle Brukwicki as vice president, financial ana..
06/28 TELEPHONE & DATA : OneNeck IT Solutions Among the Top 501 Managed Service Provid..
More news
News from SeekingAlpha
07/14 TDS launches project for rural Minnesota broadband
06/14 THE ALL-RETIREMENT TEAM : Top-Rated Stocks With Solid Dividend Track Records (Pa..
05/30 TDS Telecom sets CEO transition for end of year
05/26 Telephone and Data Systems (TDS) Investor Presentation - Slideshow
05/26 Telephone and Data Systems declares $0.155 dividend
Financials ($)
Sales 2017 5 052 M
EBIT 2017 114 M
Net income 2017 61,2 M
Finance 2017 83,5 M
Yield 2017 2,11%
P/E ratio 2017 140,20
P/E ratio 2018 116,83
EV / Sales 2017 0,60x
EV / Sales 2018 0,74x
Capitalization 3 093 M
Chart TELEPHONE & DATA SYSTEMS,
Duration : Period :
Telephone & Data Systems,  Technical Analysis Chart | TDS | US8794338298 | 4-Traders
Technical analysis trends TELEPHONE & DATA SYSTEMS,
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 7
Average target price 34,0 $
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
LeRoy T. Carlson President, Chief Executive Officer & Director
Walter C. D. Carlson Non-Executive Chairman
Douglas D. Shuma Senior VP, Chief Financial & Accounting Officer
Kurt B. Thaus Chief Information Officer & Senior Vice President
Joseph R. Hanley Senior VP-Technology, Services & Strategy
Sector and Competitors
1st jan.Capitalization (M$)
TELEPHONE & DATA SYSTEMS, INC.-2.88%3 093
AT&T-14.15%222 742
CHINA MOBILE LTD.2.80%221 620
NTT DOCOMO INC-1.39%92 088
SOFTBANK GROUP CORP19.29%91 720
VODAFONE GROUP10.83%76 704