Millicom International Cellular (TIGO) Expected to Announce Earnings on Thursday

Key Points

• Millicom International Cellular is set to announce its Q2 2025 earnings on August 7, with analysts predicting earnings of $0.54 per share and revenue of $1.40 billion.
• The company recently reported a last quarter EPS of $1.14, exceeding estimates, but faced a revenue decline of 7.6% year-over-year.
• Millicom's stock has seen recent target price adjustments from analysts, with JPMorgan raising it to $50.00 and Barclays lowering it to $36.00, indicating mixed sentiments among investors.

Millicom International Cellular (NASDAQ:TIGO - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Thursday, August 7th. Analysts expect Millicom International Cellular to post earnings of $0.54 per share and revenue of $1.40 billion for the quarter.

Millicom International Cellular (NASDAQ:TIGO - Get Free Report) last posted its earnings results on Thursday, May 8th. The technology company reported $1.14 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.23. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.45 billion. Millicom International Cellular had a return on equity of 10.02% and a net margin of 6.20%. Millicom International Cellular's quarterly revenue was down 7.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.54 earnings per share. On average, analysts expect Millicom International Cellular to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Millicom International Cellular Price Performance

TIGO traded up $0.70 during trading on Thursday, reaching $40.15. 689,544 shares of the stock were exchanged, compared to its average volume of 1,126,033. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.76 and a quick ratio of 0.74. Millicom International Cellular has a 1 year low of $23.61 and a 1 year high of $43.03. The business's 50 day moving average price is $37.81 and its two-hundred day moving average price is $32.44. The company has a market capitalization of $6.91 billion, a price-to-earnings ratio of 19.30 and a beta of 1.06.

Millicom International Cellular Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 8th were given a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 7.5%. The ex-dividend date was Tuesday, July 8th. Millicom International Cellular's dividend payout ratio is currently 144.23%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. UBS Group upped their price objective on Millicom International Cellular from $31.50 to $39.50 and gave the company a "buy" rating in a research report on Friday, May 16th. Scotiabank downgraded Millicom International Cellular from a "sector outperform" rating to a "sector perform" rating and set a $37.00 price objective on the stock. in a research report on Tuesday, June 17th. Barclays reduced their price objective on Millicom International Cellular from $310.00 to $36.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 3rd. Wall Street Zen lowered Millicom International Cellular from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 30th. Finally, JPMorgan Chase & Co. upped their target price on Millicom International Cellular from $41.00 to $50.00 and gave the company an "overweight" rating in a research note on Tuesday, May 27th. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $38.08.

Institutional Investors Weigh In On Millicom International Cellular

Several institutional investors and hedge funds have recently added to or reduced their stakes in TIGO. Goldman Sachs Group Inc. acquired a new stake in Millicom International Cellular during the first quarter worth about $50,664,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Millicom International Cellular during the first quarter worth about $8,504,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Millicom International Cellular during the first quarter worth about $2,188,000. Jane Street Group LLC acquired a new stake in Millicom International Cellular during the first quarter worth about $928,000. Finally, Acadian Asset Management LLC acquired a new stake in Millicom International Cellular during the first quarter worth about $819,000.

Millicom International Cellular Company Profile

Millicom International Cellular SA provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance.