U.S. Cellular (USM) Tops Q1 EPS by 5c, Revenues Beat; Offers FY21 Revenues Guidance Below Consensus

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Go back to U.S. Cellular (USM) Tops Q1 EPS by 5c, Revenues Beat; Offers FY21 Revenues Guidance Below Consensus

UScellular reports first quarter 2021 results

May 6, 2021 4:05 PM EDT

CHICAGO, May 6, 2021 /PRNewswire/ -- United States Cellular Corporation (NYSE: USM) reported total operating revenues of $1,023 million for the first quarter of 2021, versus $963 million for the same period one year ago. Service revenues totaled $771 million, versus $762 million for the same period a year ago. Net income attributable to UScellular shareholders and related diluted earnings per share were $60 million and $0.69, respectively, for the first quarter of 2021 compared to $71 million and $0.81, respectively, in the same period one year ago.

"UScellular had a strong start to 2021," said Laurent Therivel, UScellular President and CEO. "First... More