TDS: Q3 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — Telephone & Data Systems Inc. (TDS) on Friday reported break-even earnings in its third quarter.
CHICAGO (AP) — CHICAGO (AP) — Telephone & Data Systems Inc. (TDS) on Friday reported break-even earnings in its third quarter.
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The Chicago-based company said it had net loss that was 16 cents per share.
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The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The parent of U.S. Cellular and TDS Telecom posted revenue of $1.28 billion in the period, matching Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDS at https://www.zacks.com/ap/TDS