Telephone and Data Systems (TDS) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $2.42
- Estimate
- $0.12
- Surprise
- +1885.1%
- Revenue (period 2026-06-30)
- $255.3M
- Score at report (before → after)
- 5.4 → 5.6/10
Revenue source: xbrl.
How the report landed
Telephone and Data Systems (TDS) beat the $0.12 estimate with adjusted EPS of $2.42 — a large 1885.1% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.4/10) to Hold at 5.6/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates TDS Sell at 5.6/10.
3 of the last 4 quarters beat the estimate; this quarter's +1885.1% surprise compares with a -442.5% four-quarter average. Next scheduled report: 2026-11-06.
What supports the rating
- Margin of safety: 46%
What argues against it
- Concentration risk — Customer: T-Mobile
- Earnings expected to decline ~100% (cyclical peak)
- Sector modifier (Communication Services): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $36.20
- Price target
- $40.38
- Stop
- $33.67
- Upside to target
- +11.5%
- Reward-to-risk
- 0.8:1
Forward estimates sit below the trailing run-rate (4440.3× forward vs 9.0× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-11-03 — shown for context, not personalized investment advice.
TDS at TrendMatrix's latest read
Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.
- Industry
- Telecom Services
- Market cap
- $4.16B
- P/E (fwd)
- 4440.3
- P/E (ttm)
- 9.0
- 52-week range
- $30.71–$49.12
- Off 52-week high
- 26.3%
- RSI (14)
- 62
- Volume vs avg
- 0.16×
- Score today
- 5.6/10