Millicom International Cellular (TIGO) to Release Earnings on Thursday

Millicom International Cellular (NASDAQ:TIGO) is anticipated to release its Q2 2025 earnings data before the market opens on Thursday, August 7th. Analysts expect Millicom International Cellular to post earnings of $0.54 per share and revenue of $1.40 billion for the quarter.

Millicom International Cellular (NASDAQ:TIGO) last issued its quarterly earnings results on Thursday, May 8th. The technology company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.23. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.45 billion. Millicom International Cellular had a return on equity of 10.02% and a net margin of 6.20%. Millicom International Cellular’s quarterly revenue was down 7.6% compared to the same quarter last year. During the same period last year, the company posted $0.54 earnings per share. On average, analysts expect Millicom International Cellular to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Millicom International Cellular Stock Performance

Shares of Millicom International Cellular stock opened at $40.26 on Wednesday. The company has a current ratio of 0.76, a quick ratio of 0.74 and a debt-to-equity ratio of 1.65. The business’s fifty day simple moving average is $38.11 and its 200 day simple moving average is $32.89. Millicom International Cellular has a 12 month low of $23.61 and a 12 month high of $43.03. The firm has a market capitalization of $6.93 billion, a P/E ratio of 19.36 and a beta of 1.04.

Millicom International Cellular Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 8th were given a $0.75 dividend. The ex-dividend date was Tuesday, July 8th. This represents a $3.00 annualized dividend and a dividend yield of 7.5%. Millicom International Cellular’s payout ratio is 144.23%.

Hedge Funds Weigh In On Millicom International Cellular

Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada increased its holdings in shares of Millicom International Cellular by 48.1% in the first quarter. Royal Bank of Canada now owns 46,183 shares of the technology company’s stock worth $1,398,000 after purchasing an additional 14,990 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Millicom International Cellular by 5.0% in the first quarter. AQR Capital Management LLC now owns 9,587 shares of the technology company’s stock worth $290,000 after purchasing an additional 453 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Millicom International Cellular in the first quarter worth about $2,188,000. Goldman Sachs Group Inc. bought a new stake in shares of Millicom International Cellular in the first quarter worth about $50,664,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Millicom International Cellular in the first quarter worth about $8,504,000.

Analyst Ratings Changes

Several research firms recently issued reports on TIGO. Wall Street Zen lowered Millicom International Cellular from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 30th. Scotiabank lowered Millicom International Cellular from a “sector outperform” rating to a “sector perform” rating and set a $37.00 price objective for the company. in a research note on Tuesday, June 17th. UBS Group lifted their price objective on Millicom International Cellular from $31.50 to $39.50 and gave the company a “buy” rating in a research note on Friday, May 16th. Finally, JPMorgan Chase & Co. lifted their price objective on Millicom International Cellular from $41.00 to $50.00 and gave the company an “overweight” rating in a research note on Tuesday, May 27th. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Millicom International Cellular has a consensus rating of “Moderate Buy” and an average price target of $38.08.

About Millicom International Cellular

Millicom International Cellular SA provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance.