NYSE$TDS
Telephone And Data Systems Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Reported strong fourth quarter and full year results, driven by growth at UScellular and TDS Telecom, and provided 2021 guidance.
TDS reported total operating revenues of $1,376 million for the fourth quarter of 2020, compared to $1,336 million for the same period one year ago. Net income attributable to TDS shareholders was $14 million, or $0.12 per diluted share, for the fourth quarter of 2020, compared to $12 million, or $0.10 per diluted share, in the same period one year ago.
- UScellular kept churn low throughout the year, acquired new retail connections, maintained strong cost discipline and produced fine financial results.
- UScellular grew its service revenues, driven primarily by higher ARPU, and customers taking higher-value services and it maintained operational, quality and cost discipline.
- TDS Telecom achieved excellent growth in residential customer connections and strong financial performance in 2020, reflecting the successful execution of its broadband strategy.
- TDS Telecom plans to expand its fiber program by doubling the number of service addresses it builds in 2021.
Headline financials
Revenue & EPS history
TDS · Revenue · Quarterly
$1.38B
Revenue by segment
TDS · $248M total across 1 segment · Q4 2020
- TDS Telecom$248M+5.5%100.0%
Forward guidance
TDS’ current estimates of full-year 2021 results for UScellular and TDS Telecom are shown below.
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 Q4 2020
+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
| Quarter | Report date | Reaction (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% | |
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