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Telephone & Data Systems Inc Profit Declines In Q4

Telephone & Data Systems Inc (TDS) revealed earnings for fourth quarter that fell from last year.

The company's earnings came in at $12 million, or $0.10 per share. This compares with $16 million, or $0.14 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.03 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.8% to $1.34 billion from $1.33 billion last year.

Telephone & Data Systems Inc earnings at a glance:

-Earnings (Q4): $12 Mln. vs. $16 Mln. last year.
-EPS (Q4): $0.10 vs. $0.14 last year.
-Analysts Estimate: $0.03
-Revenue (Q4): $1.34 Bln vs. $1.33 Bln last year.

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