U.S. Cellular (USM) Misses Q2 EPS by 1c, Revenue Beats
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Total investment and other income (expense): 24M
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U.S. Cellular (NYSE: USM) reported Q2 EPS of $0.14, $0.01 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $963 million versus the consensus estimate of $949.43 million.
2017 Estimated Results
U.S. Cellular's current estimates of full-year 2017 results are shown below. Such estimates represent management's view as of August 4, 2017. Such forward‑looking statements should not be assumed to be current as of any future date. U.S. Cellular undertakes no duty to update such information, whether as a result of new information, future events or otherwise. There can be no assurance that final results will not differ materially from such estimated results.
2017 Estimated Results | |||||
Current | Previous | ||||
(Dollars in millions) | |||||
Total operating revenues (1) | $3,800-$4,000 | Unchanged | |||
Adjusted OIBDA (1)(2)(3) | $550-$650 | Unchanged | |||
Adjusted EBITDA (2) | $700-$800 | Unchanged | |||
Capital expenditures | Approx. | $500 | Unchanged | ||
For earnings history and earnings-related data on U.S. Cellular (USM) click here.
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