Loading...
•
Dec 31, 2022
U.S. Cellular Q4 2022 Earnings Report
U.S. Cellular reported a net loss for Q4 2022 and provided guidance for 2023.
Key Takeaways
U.S. Cellular reported total operating revenues of $1,048 million for the fourth quarter of 2022, compared to $1,068 million for the same period one year ago. Net loss attributable to UScellular shareholders was $(28) million, or $(0.33) per share, compared to net income of $27 million, or $0.31 per share, in the same period one year ago.
Total operating revenues for Q4 2022 were $1,048 million, a decrease from $1,068 million in the same period last year.
Net loss attributable to UScellular shareholders for Q4 2022 was $(28) million, compared to net income of $27 million in Q4 2021.
Fixed wireless connections increased by over 50% during 2022.
Tower revenues grew by double-digit percentage points in 2022.
Forward Guidance
UScellular’s current estimates of full-year 2023 results are shown below. Such estimates represent management’s view as of February 16, 2023 and should not be assumed to be current as of any future date.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...