USM Stock Recent News

U.S. Cellular (USM) reports a top-line contraction year over year, owing to a decline in postpaid and prepaid retail connections. However, growth in fixed wireless subscribers is a tailwind.

While the top- and bottom-line numbers for U.S. Cellular (USM) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

United States Cellular (USM) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.05 per share a year ago.

2024 guidance reaffirmed CHICAGO , Aug. 2, 2024 /PRNewswire/ -- As previously announced, UScellular will hold a teleconference on August 2, 2024, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.uscellular.com.

With healthy fundamentals and robust inherent growth potential, U.S. Cellular (USM) appears primed for further appreciation.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

U.S. Cellular's (USM) top line is affected by declining prepaid and postpaid retail connections. Healthy momentum in the fixed wireless business is a positive.

Although the revenue and EPS for U.S. Cellular (USM) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.