NYSE$TDS

Telephone And Data Systems Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

TDS reported solid revenue growth and made progress on achieving long-term strategic goals.

TDS reported total operating revenues of $1,311 million for the second quarter of 2021, compared to $1,263 million for the same period one year ago. Net income attributable to TDS common shareholders was $20 million, or $0.17 per share, compared to $65 million, or $0.56 per share, in the same period one year ago.

  • UScellular's higher postpaid ARPU helped drive service revenue growth as customers chose higher-value plans.
  • UScellular's efforts to build market share in prepaid business are starting to generate positive results.
  • UScellular's 5G and network modernization programs are on track and optimistic on the performance capabilities of mmWave spectrum.
  • TDS Telecom's increased broadband connections and customers choosing higher speeds contributed to higher operating revenues for the quarter.

Headline financials

Total Revenue

$1.31B

Previous: $1.26B+3.8%
EPS (adj)

$0.17

Previous: $0.56-69.6%
TDS Telecom Broadband Connections

478.7K

Previous: 255.1K+87.7%
Residential Revenue per Connection

$57.66

Previous: $49.73+15.9%
Net Income

$27M

Previous: $65M-58.5%
Operating Income

$58M

Previous: $78M-25.6%
Gross Profit

$1.31B

Previous: $1.26B+3.8%
Cash & Equivalents

$385M

Previous: $565M-31.9%
Total Assets

$12.8B

Previous: $11.2B+14.5%
Stock-Based Comp

$14M

Previous: $14M+0.0%

Revenue & EPS history

TDS · Revenue · Quarterly

$1.31B

Q2 2021+3.8%vs Q2 2020
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

TDS · $252M total across 1 segment · Q2 2021

  • TDS Telecom
    $252M+4.6%

Forward guidance

TDS' current estimates of full-year 2021 results for UScellular and TDS Telecom are shown below and should not be assumed to be current as of any future date.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+0.0%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+1.5%

Avg return

30 days after

38%

15 / 39 earnings

Positive

+67.1%

Q2 2023

Best reaction

-22.0%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.2%-7.2%-14.0%
Q4 2025-0.7%-0.4%-9.9%
Q3 2025-2.2%+3.2%+2.4%
Q1 2025-8.6%-8.4%-8.7%
Q4 2024-4.2%-9.6%-7.1%
Q3 2024-6.0%+9.4%+14.9%
Q2 2024-9.9%-3.3%+11.9%
Q1 2024-3.1%-5.6%+22.7%
Q4 2023-22.0%-20.6%-16.3%
Q3 2023-4.1%-4.3%+10.9%
Q2 2023+67.1%+111.5%+171.0%
Q1 2023-15.9%-23.8%-26.3%
Q4 2022+17.6%+12.6%-14.7%
Q3 2022-1.7%-33.2%-38.2%
Q2 2022-3.0%+8.6%+2.5%
Q1 2022-2.0%-8.9%-13.1%
Q4 2021-1.9%-17.6%-11.1%
Q3 2021-1.2%-1.0%-9.5%
Q2 2021+0.9%+4.2%+6.4%
Q1 2021+3.6%+5.1%+8.7%
Q4 2020-1.0%-11.5%+11.0%
Q3 2020+2.5%+7.9%+11.1%
Q2 2020-0.7%+18.7%+15.5%
Q1 2020-4.2%-12.0%+0.1%
Q4 2019+0.2%-17.9%-35.6%
Q3 2019-2.2%-8.9%-11.1%
Q2 2019-3.4%-17.1%-22.1%
Q1 2019+0.7%-0.5%-10.7%
Q4 2018-10.8%-12.7%-14.4%
Q3 2018+14.6%+17.8%+19.3%
Q2 2018+4.0%+15.8%+16.4%
Q1 2018-8.0%-2.7%-6.5%
Q4 2017+10.8%+12.0%+10.9%
Q3 2017-6.7%-7.1%-2.0%
Q2 2017+1.2%+1.4%+4.8%
Q1 2017+4.9%+4.3%+11.2%
Q4 2016-8.7%-17.5%-22.6%
Q3 2016+1.1%+3.7%+10.4%
Q2 2016+1.4%-2.5%-8.9%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q2 2012
Q4 2012
Q3 2012
Q1 2012
Q4 2011
Q2 2011
Q3 2011
Q1 2010
Q1 2011
Q4 2008
Q3 2009
Q3 2010
Q2 2009
Q2 2010
Q4 2009

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro