U.S. Cellular Corp Bottom Line Rises In Q1

(RTTNews) - U.S. Cellular Corp (USM) announced earnings for its first quarter that rose from the same period last year.

The company's earnings totaled $45 million, or $0.52 per share. This compares with $26 million, or $0.31 per share, in last year's first quarter.

Analysts had expected the company to earn $0.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.6% to $942 million from $936 million last year.

U.S. Cellular Corp earnings at a glance:

-Earnings (Q1): $45 Mln. vs. $26 Mln. last year. -EPS (Q1): $0.52 vs. $0.31 last year. -Analysts Estimate: $0.41 -Revenue (Q1): $942 Mln vs. $936 Mln last year.

-Guidance: Full year revenue guidance: $3.85 -$4.05 Bln