TIM (TIMB) Expected to Announce Earnings on Wednesday

TIM (NYSE:TIMB - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $6.62 billion for the quarter.

TIM (NYSE:TIMB - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.25 by $0.03. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $6.38 billion. TIM had a net margin of 13.30% and a return on equity of 13.17%. On average, analysts expect TIM to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

TIM Trading Down 0.3%

TIMB stock traded down $0.05 during mid-day trading on Friday, reaching $18.04. The company had a trading volume of 205,429 shares, compared to its average volume of 515,989. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.88 and a quick ratio of 0.86. The company has a market capitalization of $8.73 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 0.74 and a beta of 0.64. The firm has a 50 day moving average of $18.55 and a 200 day moving average of $16.02. TIM has a 12 month low of $11.32 and a 12 month high of $20.78.

TIM Cuts Dividend

The company also recently announced a -- dividend, which will be paid on Tuesday, October 28th. Investors of record on Monday, August 4th will be given a dividend of $0.1189 per share. The ex-dividend date is Monday, August 4th. This represents a yield of 7.2%. TIM's payout ratio is 61.60%.

Institutional Investors Weigh In On TIM

A number of hedge funds and other institutional investors have recently bought and sold shares of TIMB. Amundi acquired a new stake in shares of TIM during the 1st quarter valued at approximately $87,000. Royal Bank of Canada increased its position in shares of TIM by 1.3% in the first quarter. Royal Bank of Canada now owns 62,008 shares of the company's stock valued at $970,000 after buying an additional 789 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of TIM by 4.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,056,805 shares of the company's stock valued at $16,539,000 after buying an additional 47,130 shares in the last quarter.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. The Goldman Sachs Group lifted their target price on shares of TIM from $15.30 to $16.90 and gave the company a "neutral" rating in a research report on Wednesday, April 30th. HSBC cut shares of TIM to a "hold" rating in a report on Friday, June 13th. Barclays lifted their price objective on shares of TIM from $17.50 to $20.00 and gave the company an "equal weight" rating in a report on Monday, July 7th. Hsbc Global Res cut shares of TIM from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 12th. Finally, Wall Street Zen downgraded TIM from a "strong-buy" rating to a "buy" rating in a report on Sunday, June 15th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, TIM presently has an average rating of "Hold" and a consensus price target of $18.17.

About TIM

TIM SA, a telecommunications company, provides mobile voice, data, and broadband services in Brazil. The company offers in mobile, landline, long-distance, and data transmission services. It also offers fixed ultra-broadband, fixed ultraband broadband, and digital content services. The company serves individuals and corporates, as well as small, medium, and large companies.