Telephone and Data Systems Third Quarter 2022 Earnings: US$0.22 loss per share (vs US$0.24 profit in 3Q 2021)

Telephone and Data Systems (NYSE:TDS) Third Quarter 2022 Results

Key Financial Results

• Revenue: US$1.39b (up 4.8% from 3Q 2021).
• Net loss: US$25.0m (down by 189% from US$28.0m profit in 3Q 2021).
• US$0.22 loss per share (down from US$0.24 profit in 3Q 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Telephone and Data Systems Earnings Insights

Looking ahead, revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Wireless Telecom industry in the US.

Performance of the American Wireless Telecom industry.

The company's shares are down 28% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Telephone and Data Systems (1 can't be ignored!) that you need to take into consideration.

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