• Millicom International Cellular SA TIGO.OQ reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -37 cents. The mean expectation of three analysts for the quarter was for earnings of 70 cents per share. Wall Street expected results to range from 57 cents to 76 cents per share.

• Revenue fell 3.2% to $1.43 billion from a year ago; analysts expected $1.47 billion.

• Millicom International Cellular SA's reported EPS for the quarter was 18 cents​.

• The company reported quarterly net income of $31 million.

• Millicom International Cellular SA shares had risen by 11.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 10.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the wireless telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Millicom International Cellular SA is $33.00

This summary was machine generated from LSEG data February 27 at 02:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)