Millicom International Cellular (TIGO) to Release Earnings on Tuesday

Key Points

• Millicom (TIGO) will report Q1 2026 results before the market opens on Tuesday, May 12, 2026 at 8:00 AM ET, with analysts forecasting EPS of $0.89 and revenue of $1.9929 billion.
• The company beat estimates in the last reported quarter (EPS $1.50 vs. $1.05 expected; revenue $1.65B vs. $1.49B) and analysts expect roughly $3.00 EPS for the current fiscal year and $4.00 for the next.
• Millicom declared a quarterly dividend of $0.75 (annualized $3.00) for a ~3.6% yield; shares trade around $83.62 with a market cap of $14.13B and a P/E of 10.64.

Millicom International Cellular (NASDAQ:TIGO - Get Free Report) will likely be posting its Q1 2026 results before the market opens on Tuesday, May 12th. Analysts expect Millicom International Cellular to post earnings of $0.89 per share and revenue of $1.9929 billion for the quarter. Individuals may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Tuesday, May 12, 2026 at 8:00 AM ET.

Millicom International Cellular (NASDAQ:TIGO - Get Free Report) last issued its earnings results on Thursday, February 26th. The technology company reported $1.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $0.45. The company had revenue of $1.65 billion for the quarter, compared to analysts' expectations of $1.49 billion. Millicom International Cellular had a net margin of 22.62% and a return on equity of 17.07%. Millicom International Cellular's quarterly revenue was up 15.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.18 EPS. On average, analysts expect Millicom International Cellular to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Millicom International Cellular Stock Performance

Shares of TIGO stock traded up $0.07 on Tuesday, reaching $83.62. The stock had a trading volume of 485,072 shares, compared to its average volume of 1,330,712. The company has a quick ratio of 0.86, a current ratio of 0.88 and a debt-to-equity ratio of 1.81. The firm's 50-day moving average is $76.34 and its two-hundred day moving average is $62.20. The firm has a market capitalization of $14.13 billion, a price-to-earnings ratio of 10.64 and a beta of 0.93. Millicom International Cellular has a 12 month low of $30.26 and a 12 month high of $85.26.

Millicom International Cellular Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 15th. Stockholders of record on Thursday, April 8th will be issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Thursday, April 8th. Millicom International Cellular's dividend payout ratio is presently 38.22%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Scotiabank upped their target price on shares of Millicom International Cellular from $43.00 to $51.20 and gave the company a "sector underperform" rating in a report on Monday, March 30th. Wall Street Zen lowered shares of Millicom International Cellular from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 28th. Zacks Research upgraded shares of Millicom International Cellular from a "strong sell" rating to a "hold" rating in a research report on Monday, April 6th. UBS Group upgraded shares of Millicom International Cellular from a "neutral" rating to a "buy" rating and raised their target price for the company from $49.00 to $70.00 in a research report on Thursday, January 15th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Millicom International Cellular in a research report on Thursday, January 22nd. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $65.64.

Institutional Investors Weigh In On Millicom International Cellular

Several hedge funds and other institutional investors have recently bought and sold shares of TIGO. Jump Financial LLC bought a new stake in Millicom International Cellular in the fourth quarter valued at $328,000. Integrated Wealth Concepts LLC purchased a new position in Millicom International Cellular during the third quarter worth about $311,000. AQR Capital Management LLC boosted its holdings in Millicom International Cellular by 5.0% during the first quarter. AQR Capital Management LLC now owns 9,587 shares of the technology company's stock worth $290,000 after purchasing an additional 453 shares during the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in Millicom International Cellular during the fourth quarter worth about $265,000. Finally, WINTON GROUP Ltd purchased a new position in Millicom International Cellular during the second quarter worth about $263,000.

About Millicom International Cellular

Millicom International Cellular SA, trading under the TIGO brand, is a Luxembourg‐headquartered telecommunications and media company that provides a range of mobile, cable broadband, digital television and enterprise services. Through its integrated infrastructure, the company delivers voice and data connectivity, high‐speed internet access and pay‐television packages to millions of customers, supported by ongoing investments in network coverage and capacity.

Established in 1990 by Swedish investor Jan Stenbeck, Millicom has grown into a multi‐regional operator focused primarily on Central and South America.

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