ITTI-Telephone & Data Systems (TDS) Reports Q1 Loss, Misses Revenue Estimates

Telephone & Data Systems (TDS) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of$ 0.02. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -350%. A quarter ago, it was expected that this parent of U.S. Cellular and TDS Telecom would post a loss of$ 0.32 per share when it actually produced a loss of $0.09, delivering a surprise of 71.88%.Over the l ...