Millicom Intl Cellular Q4 EPS $(0.37) Vs $0.33 Prior Year
Portfolio Pulse from Benzinga Newsdesk
Millicom Intl Cellular (NASDAQ:TIGO) reported a significant decrease in its quarterly earnings, posting a loss of $(0.37) per share compared to a gain of $0.33 per share in the same period last year, marking a 212.12% decrease.
February 27, 2024 | 11:09 am
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Millicom Intl Cellular reported a Q4 loss of $(0.37) per share, a significant decline from the prior year's earnings of $0.33 per share.
The reported loss represents a substantial decrease in profitability compared to the previous year, indicating potential challenges for the company. Such a significant drop in earnings per share (EPS) is likely to negatively impact investor sentiment and could lead to a decrease in stock price in the short term.
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IMPORTANCE 90
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