U.S. Cellular: Q4 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — United States Cellular Corp. (USM) on Friday reported fourth-quarter earnings of $14 million.
CHICAGO (AP) — CHICAGO (AP) — United States Cellular Corp. (USM) on Friday reported fourth-quarter earnings of $14 million.
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On a per-share basis, the Chicago-based company said it had profit of 16 cents.
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The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The wireless telecommunications service provider posted revenue of $1 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $970.2 million.
For the year, the company reported profit of $54 million, or 63 cents per share. Revenue was reported as $3.91 billion.
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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 USM at https://www.zacks.com/ap/USM