Telephone and Data Systems Q3 2026 EPS Tops Estimates at $0.26, but Revenue Misses at $306.7M

Telephone and Data Systems (TDS) posted mixed third-quarter 2026 results, with adjusted EPS above the estimate and revenue below it. Revenue was $306.7 million, down 0.6% from a year earlier, below the $309.1 million estimate, and adjusted EPS was $0.26, up 271% from a year earlier, above the $0.11 estimate.

Shares fell 1.4% in premarket trading as of 7:12 a.m. ET, to $31.90 from a $32.36 close.

Q3 2026 scorecard

By our calculation, revenue was $2.5 million below the estimate and adjusted EPS was $0.15 above it. The QoQ column compares with the previous quarter's revenue of $309.3 million and adjusted EPS of $2.42. The YoY column compares with $308.5 million and $0.07 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 6 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 3 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $308.5 million, $330.7 million, $309.4 million, $309.3 million and $306.7 million.

What to watch

• Next-quarter estimates. Consensus calls for EPS of $0.12 and revenue of $313.5 million next quarter, based on 2 analysts.
• Next report. Telephone and Data Systems is next expected to report on Feb. 18, 2027.
• Revenue growth. Whether revenue stabilizes after this quarter's 0.6% decline from a year earlier to $306.7 million.
• Related coverage. See our reports on Starwood Property Trust, Ubiquiti, Brookfield Asset Management and TeraWulf.

Sources: Results are from Telephone and Data Systems's Nov. 6, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Telephone and Data Systems's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.