Millicom International Cellular SA (TIGO) Q4 Earnings and Revenues Lag Estimates

Group 1 - Millicom International Cellular SA reported quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of$ 0.78 per share, and compared to a loss of $0.36 per share a year ago, representing an earnings surprise of -74.36% [1] - The company posted revenues of$ 1.43 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.40%, and down from $1.48 billion year-over-year [2] - Over the last four quarters, Millicom has not surpassed consensus EPS or revenue estimates [2] Group 2 - The stock has gained about 11.4% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at$ 0.82 for the coming quarter and $2.84 for the current fiscal year [4][7] - The Zacks Rank for Millicom is currently 2 (Buy), indicating expected outperformance in the near future [6] Group 3 - The Wireless Non-US industry, to which Millicom belongs, is currently in the bottom 32% of over 250 Zacks industries, which may impact stock performance [8]