United States Cellular (USM) Jumps 25% on Earnings Beat

Earnings for the last period weren't as bad as analysts expected, but the outlook is bleak for Mid-cap technology company United States Cellular.

2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
EPS $0.35 $1.80 $2.66 $1.48 $1.74
EPS Growth -80.0% -32.0% 80.0% -15.0% n/a
Shares Outstanding (k) 85,000 86,000 86,000 86,000 86,000
Shares Growth -1.0% 0.0% 0.0% 0.0% n/a
Net Income (k) $30,000 $155,000 $229,000 $127,000 $150,000
Net Income Growth -80.7% -32.3% 80.3% -15.3% n/a

Based on its trailing 12 months earning per share of 0.99, United States Cellular has a Price to Earnings (P/E) ratio of 21.21. Its forward P/E ratio of 12.64. Considered along with its sliding profitability, these relatively high multiples suggests that prices have further to fall for USM.

On the other hand the company's Price to Book (P/B) ratio of 0.378 is attractive, which means that buyers are picking up shares of the company at a discount compared to its assets.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.