RTTNews | May 6, 2021 04:14PM EDT

16:14 Thursday, May 6, 2021 (RTTNews.com) - Telephone & Data Systems Inc (TDS) reported a profit for first quarter that declined from last year.

The company's earnings totaled $57 million, or $0.48 per share. This compares with $69 million, or $0.59 per share, in last year's first quarter.

Analysts had expected the company to earn $0.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.8% to $1.32 billion from $1.26 billion last year.

Telephone & Data Systems Inc earnings at a glance:

-Earnings (Q1): $57 Mln. vs. $69 Mln. last year.-EPS (Q1): $0.48 vs. $0.59 last year.-Analysts Estimate: $0.36-Revenue (Q1): $1.32 Bln vs. $1.26 Bln last year.

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