Millicom(US:TIGO) ZACKS·2025-05-08 12:11Group 1 - Millicom International Cellular SA (TIGO) reported quarterly earnings of $1.14 per share, exceeding the Zacks Consensus Estimate of $0.91 per share, and showing a significant increase from $0.54 per share a year ago, resulting in an earnings surprise of 25.27% [1] - The company posted revenues of $1.37 billion for the quarter ended March 2025, which was 3.81% below the Zacks Consensus Estimate and a decrease from $1.49 billion in the same quarter last year [2] - Millicom's shares have increased approximately 36% since the beginning of the year, contrasting with a decline of 4.3% in the S&P 500 [3] Group 2 - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The estimate revisions trend for Millicom is currently mixed, leading to a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $0.89 on revenues of $1.44 billion, and for the current fiscal year, it is $3.10 on revenues of $5.75 billion [7] Group 3 - The Wireless Non-US industry, to which Millicom belongs, is currently ranked in the top 34% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact the stock's performance [8]