Telephone & Data Systems Inc Q2 Income Advances 22%

(RTTNews) - Telephone & Data Systems Inc (TDI) released earnings for its second quarter that gained ground from last year.

The company said its bottom line advanced to $28 million, or $0.25 per share. This was higher than $23 million, or $0.21 per share, in last year's second quarter.

Analysts had expected the company to earn $0.13 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue came in at $1.28 billion, equal to the mark posted in the same period last year.

Telephone & Data Systems Inc earnings at a glance:

-Earnings (Q2): $28 Mln. vs. $23 Mln. last year. -Earnings Growth (Y-o-Y): 21.7% -EPS (Q2): $0.25 vs. $0.21 last year. -EPS Growth (Y-o-Y): 19.0% -Analysts Estimate: $0.13 -Revenue (Q2): $1.28 Bln vs. $1.28 Bln last year. -Revenue Change (Y-o-Y): 0%

-Guidance: Full year revenue guidance: $5,040-$5,290 Mln