TDS slightly misses Q3 revenue estimates, lowers FY guidance
TDS•TDS reported Q3 revenue of $306.69 million, slightly below the $309.25 million estimate, and diluted EPS of $0.26, down from $0.33 a year earlier. It lowered TDS Telecom’s 2026 revenue and adjusted OIBDA outlooks, raised its capital expenditures outlook and authorized an additional $250 million share repurchase plan.
1. Quarterly results
TDS reported Q3 revenue of $306.69 million, slightly below the $309.25 million consensus estimate from three analysts. Diluted EPS fell to $0.26 from $0.33 a year earlier.
2. 2026 outlook and buyback
TDS Telecom lowered its 2026 revenue outlook to $990 million-$1.01 billion from $1 billion-$1.025 billion and cut its adjusted OIBDA forecast to $280 million-$300 million from $300 million-$320 million. The company raised its TDS Telecom capital expenditures outlook to approximately $750 million from $625 million-$675 million and authorized an additional $250 million share repurchase plan.
3. Business trends
TDS said residential fiber revenue grew 14%, more than offset by divestitures and continued declines in legacy services. Array increased colocations sequentially, while site rental revenue grew 14% year over year.
