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Telephone & Data Systems Inc Q2 Earnings Summary

Below are the earnings highlights for Telephone & Data Systems Inc (TDS):

Earnings: -$19 million in Q2 vs. $18 million in the same period last year.
EPS: -$0.17 in Q2 vs. $0.15 in the same period last year.
Analysts projected -$0.04 per share
Revenue: $1.27 billion in Q2 vs. $1.35 billion in the same period last year.

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The highlight this week was the latest set of first quarter economic growth figures from the U.S. Find out why the data damped the market sentiment. Other main releases from the U.S. included those on consumer confidence and jobless claims. In Europe, German inflation figures caught everyone's attention. Learn why it added to expectations of rate staying “higher for longer”. Asia's economics scene this week was dominated by the release of PMI survey figures from China.

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