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Market Impact: 0.35

Millicom International Cellular SA (TIGO) Beats Q2 Earnings and Revenue Estimates

Corporate EarningsCompany FundamentalsAnalyst Estimates
Millicom International Cellular SA (TIGO) Beats Q2 Earnings and Revenue Estimates

Millicom (TIGO) reported quarterly EPS of $0.64, beating the Zacks Consensus Estimate of $0.54 by $0.10 (about 18.5%). EPS improved from $0.51 a year ago, indicating year-over-year growth. The earnings beat is likely to support the stock near term.

Analysis

Millicom (TIGO) reported quarterly EPS of $0.64, beating the Zacks Consensus Estimate of $0.54 by $0.10 (about 18.5%). EPS improved from $0.51 a year ago, indicating year-over-year growth. The earnings beat is likely to support the stock near term.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35

Ticker Sentiment

TIGO0.50

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