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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
During the past 12 months, Array Digital Infrastructure's average EPS without NRIGrowth Rate was 377.00% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 62.50% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was -18.90% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was -10.30% per year.
During the past 13 years, Array Digital Infrastructure's highest 3-Year average EPS without NRI Growth Rate was 119.90% per year. The lowest was -80.80% per year. And the median was 0.00% per year.
Array Digital Infrastructure (NYSE:AD) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Array Digital Infrastructure Earnings per Share (Diluted) Related Terms
Array Digital Infrastructure Earnings per Share (Diluted) Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Array Digital Infrastructure Earnings per Share (Diluted) Chart
AD vs KYIV, LBTYA, TDS: Earnings per Share (Diluted) Comparison
For the Telecom Services subindustry, Array Digital Infrastructure's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Array Digital Infrastructure PE Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Array Digital Infrastructure's PE Ratio distribution charts can be found below:
* The bar in red indicates where Array Digital Infrastructure's PE Ratio falls into.
Array Digital Infrastructure Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
Array Digital Infrastructure's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.40
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of $2.40 mean?
Array Digital Infrastructure (AD) has a Earnings per Share (Diluted) of $2.40 as of Mar. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Array Digital Infrastructure and its competitors. According to the industry distribution chart, Array Digital Infrastructure ranks #19 out of 277 companies in the Telecommunication Services industry, placing it in the top 6.9%.
Is Array Digital Infrastructure's Earnings per Share (Diluted) too high?
Array Digital Infrastructure's current Earnings per Share (Diluted) is $2.40. The Telecommunication Services industry median Earnings per Share (Diluted) is 6.70. Array Digital Infrastructure's value of $2.40 is 64.2% below this industry median. Based on the distribution chart, Array Digital Infrastructure ranks #19 out of 277 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Array Digital Infrastructure has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Array Digital Infrastructure's Earnings per Share (Diluted) compare to KYIV and LBTYA?
According to the Telecommunication Services industry distribution chart, Array Digital Infrastructure ranks #19 out of 277 companies for Earnings per Share (Diluted). This places Array Digital Infrastructure in the top 7% of its industry — outperforming the majority of peers. The industry median Earnings per Share (Diluted) is 6.70. Array Digital Infrastructure's value of $2.40 is 64.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a Telecommunication Services company?
The median Earnings per Share (Diluted) among Telecommunication Services companies is 6.70, based on 277 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Array Digital Infrastructure's current Earnings per Share (Diluted) of $2.40 is 64.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Array Digital Infrastructure and its competitors. For the Telecommunication Services industry, the median Earnings per Share (Diluted) is 6.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Array Digital Infrastructure's current Earnings per Share (Diluted) is $2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Array Digital Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Array Digital Infrastructure (AD) is currently considered Possible Value Trap. The stock's GF Value™ is $63.02, compared to a current price of $34.84 — trading 44.7% below its estimated fair value. The current Earnings per Share (Diluted) is $2.40 and 64.2% below the Telecommunication Services industry median of 6.70. Array Digital Infrastructure's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Array Digital Infrastructure (AD), the current Earnings per Share (Diluted) is $2.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Array Digital Infrastructure (AD) Overvalued in 2026?
Based on GuruFocus' analysis, Array Digital Infrastructure stock appears to be undervalued.
The current stock price of $34.84 is trading 44.7% below its estimated GF Value™ of $63.02.
GuruFocus considers Array Digital Infrastructure to be Possible Value Trap.
Key valuation signals for AD:
Earnings per Share (Diluted): $2.40
GF Value™: $63.02 vs. price of $34.84 (44.7% below fair value)
Industry Position: 64.2% below the Telecommunication Services median (#19 of 277)
No single metric tells the full story. See the AD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Array Digital Infrastructure, formerly US Cellular, sold its regional wireless operations serving about 4.4 million customers to T-Mobile in August 2025. The firm has agreed to sell most of its remaining spectrum licenses; however, it will still retain rights to C-band spectrum in several locations after these deals are closed. Array also owns a 5.5% stake in Verizon Wireless' Los Angeles operations, as well as other smaller wireless partnership interests in Oklahoma and upstate New York. The firm still operates a portfolio of about 4,400 wireless towers. Parent TDS has proposed to acquire the portion of Array that it doesn't already own in an all-stock transaction.
64GF Score
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Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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