Investing.com - United States Cellular reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
United States Cellular announced earnings per share of $-0.15 on revenue of $1.08B. Analysts polled by Investing.com EPS of $0.20 on revenue of $1.03B.
United States Cellular 's are down 12% and is trading at $28.18 , still down 7.78% from its 52 week high of $33.67 set on Friday, November 5, 2021.
United States Cellular shares lost 9.24% to trade at $28.18 in after-hours trade the report.
United States Cellular follows other major Communication Services sector earnings this month
United States Cellular's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, for EPS of $1.93 on revenue of $27.57B.
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