Millicom(US:TIGO) ZACKSยท2025-08-07 12:16Core Insights - Millicom International Cellular SA (TIGO) reported quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.54 per share, but showing an increase from $0.46 per share a year ago, resulting in an earnings surprise of -5.56% [1] - The company posted revenues of $1.37 billion for the quarter ended June 2025, which was below the Zacks Consensus Estimate by 0.81% and a decrease from $1.46 billion year-over-year [2] - Millicom's stock has increased approximately 59.7% since the beginning of the year, significantly outperforming the S&P 500's gain of 7.9% [3] Earnings Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.61 for the coming quarter and $2.68 for the current fiscal year, alongside revenues of $1.38 billion and $5.52 billion respectively [7] - The estimate revisions trend for Millicom was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Wireless Non-US industry, to which Millicom belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]