U.S. Cellular-United States Cellular (USM) Q1 Earnings and Revenues Miss Estimates

United States Cellular (USM) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of$ 0.37 per share. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -43.24%. A quarter ago, it was expected that this wireless telecommunications service provider would post a loss of$ 0.10 per share when it actually produced earnings of $0.05, delivering a surprise of 150%.O ...