United States Cellular Reports Q4 Profit; Revenue Up 2% - Quick Facts

(RTTNews) - United States Cellular Corp. (USM) reported that, excluding a benefit of $269 million related to the enactment of new tax legislation, fourth-quarter net income attributable to shareholders excluding adjustments, were $4 million or $0.05 per share compared to loss of $6 million or $0.07 per share, a year ago. On average, three analysts polled by Thomson Reuters expected the company to report a loss per share of $0.08 for the quarter. Analysts' estimates typically exclude special items.

Fourth-quarter total operating revenues were $1.03 billion compared to $1.01 billion for the same period one year ago.