T-Mobile US, United States Cellular Corporation, and ATN International are included in the Zacks Industry Outlook report.
U.S. Cellular (USM) shares have begun to rise and could keep increasing soon, based on positive changes in earnings forecasts.
U.S. Cellular (USM) shares have begun to rise and could keep increasing soon, based on positive changes in earnings forecasts.
Is United States Cellular (USM) a strong choice for momentum investors? Let's take a closer look.
The average price target suggests that U.S. Cellular (USM) could increase by 31.8%. Although studies indicate that this measure is not very reliable, an increase in earnings estimate revisions might indicate that the stock could rise soon.
USM has reported a decrease in revenue compared to last year, mainly due to a drop in both postpaid and prepaid retail connections.
United States Cellular (USM) reported quarterly earnings of $0.05 per share, which is better than the Zacks Consensus Estimate that predicted a loss of $0.10 per share. This is a decrease compared to earnings of $0.16 per share from the same time last year.
As mentioned before, UScellular will have a teleconference on February 21, 2025, at 9:00 a.m. CST. You can listen to the call live on the Events & Presentations page at investors.uscellular.com.
U.S. Cellular is experiencing strong growth thanks to its successful fixed wireless services, smart sales of non-core assets, and emphasis on improving its network and reducing costs. These factors are crucial for the company's progress.
This Industry Outlook article has featured Verizon, United States Cellular, and Cogent Communications.