Millicom Intl Cellular Q4 Sales $1.48B Beat $1.45B Estimate
Portfolio Pulse from Benzinga Newsdesk
Millicom Intl Cellular (NASDAQ:TIGO) reported Q4 sales of $1.48 billion, surpassing the analyst consensus estimate of $1.45 billion by 1.72% and marking a 6.81% increase from $1.38 billion in the same period last year.
February 27, 2024 | 11:05 am
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Millicom Intl Cellular reported a 1.72% beat on Q4 sales estimates and a 6.81% YOY increase, indicating strong performance.
Beating sales estimates and showing a significant year-over-year growth indicates a strong financial performance for Millicom Intl Cellular. This is likely to positively impact investor sentiment and potentially lead to a short-term increase in TIGO's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100