Millicom International Cellular (TIGO) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.55
- Estimate
- $0.83
- Surprise
- -34.3%
- Revenue (period 2026-09-30)
- $2.28B
- Score today
- 6.2/10
Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).
How the report landed
Millicom International Cellular (TIGO) missed the $0.83 estimate with adjusted EPS of $0.55 — a large 34.3% shortfall.
Coverage in the report window
- Millicom Intl Cellular Q3 2026 Earnings Call Transcript — benzinga, 2026-11-05
Where TrendMatrix's rating stands now
TrendMatrix currently rates TIGO Sell at 6.2/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's -34.3% surprise compares with a +12.3% four-quarter average. Next scheduled report: 2027-02-26.
What supports the rating
- Attractive valuation
- Positive momentum
What argues against it
- Analyst target reached - limited upside remaining
- Sector modifier (Communication Services): -0.8
- Leverage penalty (D/E 4.9): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $83.24
- Price target
- $83.86
- Stop
- $77.54
- Upside to target
- +0.7%
- Reward-to-risk
- 0.1:1
The stock trades at 24.7× trailing but 11.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-07 — shown for context, not personalized investment advice.
TIGO at TrendMatrix's latest read
Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.
- Industry
- Telecom Services
- Market cap
- $13.96B
- P/E (fwd)
- 11.8
- P/E (ttm)
- 24.7
- 52-week range
- $46.85–$107.13
- Off 52-week high
- 22.3%
- RSI (14)
- 62
- Volume vs avg
- 1.30×
- Score today
- 6.2/10