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Telephone & Data Systems Inc Bottom Line Advances In Q1

Telephone & Data Systems Inc (TDS) revealed a profit for its first quarter that advanced from last year.

The company's earnings came in at $69 million, or $0.59 per share. This compares with $59 million, or $0.50 per share, in last year's first quarter.

Analysts had expected the company to earn $0.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue came in at $1.26 billion, equal to the mark posted in the same period last year.

Telephone & Data Systems Inc earnings at a glance:

-Earnings (Q1): $69 Mln. vs. $59 Mln. last year.
-EPS (Q1): $0.59 vs. $0.50 last year.
-Analysts Estimate: $0.41
-Revenue (Q1): $1.26 Bln vs. $1.26 Bln last year.

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