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 anticipated EPS of $0.20 on revenue of $1.03B.
United States Cellular shares are down 12% from the beginning of the year and are trading at $28.18 , down-from-52-week-high.
United States Cellular shares lost 9.24% 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 October 25, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on October 26 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
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