United States Cellular (USM) Set to Announce Earnings on Friday

United States Cellular (NYSE:USM) is scheduled to release its earnings data before the market opens on Friday, November 1st. Analysts expect United States Cellular to post earnings of $0.17 per share for the quarter.

United States Cellular (NYSE:USM) last released its quarterly earnings data on Friday, August 2nd. The Wireless communications provider reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.06. The business had revenue of $927.00 million during the quarter, compared to analyst estimates of $924.96 million. United States Cellular had a net margin of 1.88% and a return on equity of 1.55%. United States Cellular’s revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.05 EPS. On average, analysts expect United States Cellular to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

United States Cellular Trading Up 1.0 %

NYSE:USM opened at $61.91 on Friday. The company has a market cap of $5.32 billion, a P/E ratio of 75.49 and a beta of 0.48. United States Cellular has a 1 year low of $32.01 and a 1 year high of $67.84. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.55 and a quick ratio of 1.39. The stock’s fifty day moving average price is $56.33 and its two-hundred day moving average price is $51.17.

Insiders Place Their Bets

In other news, EVP Kevin R. Lowell sold 37,597 shares of the company’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $49.34, for a total transaction of $1,855,035.98. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.00% of the stock is owned by corporate insiders.

About United States Cellular

United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides wireless devices, such as handsets, tablets, mobile hotspots, home phones, and routers, as well as wireless essentials, including cases, screen protectors, chargers, and memory cards; and consumer electronics comprising audio, home automation, and networking products.