United States Cellular (NYSE:USM – Get Free Report) issued its earnings results on Friday. The Wireless communications provider reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.06), Briefing.com reports. The firm had revenue of $950.00 million during the quarter, compared to analyst estimates of $957.75 million. United States Cellular had a return on equity of 1.19% and a net margin of 1.41%. The business’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.15 earnings per share.
United States Cellular Stock Down 8.5 %
NYSE:USM traded down $3.16 during mid-day trading on Friday, reaching $34.10. The stock had a trading volume of 760,769 shares, compared to its average volume of 187,181. The stock has a market cap of $2.90 billion, a P/E ratio of 55.00 and a beta of 0.45. The business’s 50 day moving average is $35.51 and its 200 day moving average is $39.79. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.55 and a quick ratio of 1.33. United States Cellular has a fifty-two week low of $13.79 and a fifty-two week high of $48.47.
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