Millicom Intl Cellular Q2 EPS $(0.13) Misses $0.24 Estimate, Sales $1.39B Miss $1.43B Estimate
Portfolio Pulse from Benzinga Newsdesk
Millicom Intl Cellular (NASDAQ:TIGO) reported Q2 losses of $(0.13) per share, missing the analyst consensus estimate of $0.24 by 154.17%. The company also reported quarterly sales of $1.39 billion, missing the analyst consensus estimate of $1.43 billion by 2.59%. This represents a decrease in earnings and sales compared to the same period last year.
July 27, 2023 | 10:02 am
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Millicom Intl Cellular's Q2 earnings and sales missed analyst estimates, indicating a potential negative impact on the company's stock.
The company's Q2 earnings and sales missed analyst estimates, which is typically seen as a negative signal by the market and could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100