U.S. Cellular (USM) Tops Q2 EPS by 18c, Updates FY Guidance
U.S. Cellular (NYSE: USM) reported Q2 EPS of $0.23, $0.18 better than the analyst estimate of $0.05. Revenue for the quarter came in at $975.7 million versus the consensus estimate of $1 billion.
2015 Estimated Results
U.S. Cellular's estimates of full-year 2015 results are shown below. Such estimates represent management's view as of July 31, 2015. Such forward‑looking statements should not be assumed to be current as of any future date. U.S. Cellular undertakes no duty to update such information, whether as a result of new information, future events or otherwise. There can be no assurance that final results will not differ materially from such estimated results.
2015 Estimated Results | |||||
Current | Previous | ||||
(Dollars in millions) | |||||
Total operating revenues | $4,000-$4,100 | $4,000-$4,200 | |||
Operating cash flow (1) | $440-$540 | $400-$500 | |||
Adjusted EBITDA (1) | $600-$700 | $580-$680 | |||
Capital expenditures | Approx. $600 | Unchanged | |||
(Street sees FY revenue of $4.06 billion)
For earnings history and earnings-related data on U.S. Cellular (USM) click here.