Earnings To Watch: Telephone and Data Systems Inc (TDS) Reports Q3 2024 Result

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Oct 31, 2024

Telephone and Data Systems Inc (TDS, Financial) is set to release its Q3 2024 earnings on Nov 1, 2024. The consensus estimate for Q3 2024 revenue is $1.25 billion, and the earnings are expected to come in at -$0.15 per share. The full year 2024's revenue is expected to be $5.01 billion and the earnings are expected to be -$0.43 per share. More detailed estimate data can be found on the Forecast page.

Telephone and Data Systems Inc (TDS, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Telephone and Data Systems Inc (TDS) for the full year 2024 have declined from $5.02 billion to $5.01 billion. For 2025, estimates declined from $4.98 billion to $4.95 billion. Earnings estimates for the full year 2024 have also been revised downward from -$0.27 per share to -$0.43 per share, and for 2025 from -$0.10 per share to -$0.22 per share.

Telephone and Data Systems Inc (TDS, Financial) Reported History

In the previous quarter of 2024-06-30, Telephone and Data Systems Inc's (TDS) actual revenue was $1.24 billion, which missed analysts' revenue expectations of $1.24 billion by -0.2%. Telephone and Data Systems Inc's (TDS) actual earnings were -$0.13 per share, which met analysts' earnings expectations. After releasing the results, Telephone and Data Systems Inc (TDS) was down by -5.21% in one day.

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Telephone and Data Systems Inc (TDS, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for Telephone and Data Systems Inc (TDS) is $25 with a high estimate of $25 and a low estimate of $25. The average target implies a downside of -15.57% from the current price of $29.61.

Based on GuruFocus estimates, the estimated GF Value for Telephone and Data Systems Inc (TDS, Financial) in one year is $16.39, suggesting a downside of -44.65% from the current price of $29.61.

Based on the consensus recommendation from 3 brokerage firms, Telephone and Data Systems Inc's (TDS, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.