FY2017 EPS Estimates for Millicom International Cellular SA Increased by Analyst (MIICF)

Millicom International Cellular SA (OTCMKTS:MIICF) – Gabelli raised their FY2017 EPS estimates for Millicom International Cellular in a report issued on Tuesday, Zacks Investment Research reports. Gabelli analyst S. Dluzhevskiy now anticipates that the technology company will post earnings per share of $0.10 for the year, up from their prior forecast of $0.05. Gabelli also issued estimates for Millicom International Cellular’s FY2018 earnings at $2.00 EPS, FY2019 earnings at $2.65 EPS, FY2020 earnings at $3.00 EPS and FY2021 earnings at $3.40 EPS.

Separately, Zacks Investment Research raised Millicom International Cellular from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 17th.

Shares of Millicom International Cellular (OTCMKTS:MIICF) opened at $69.00 on Thursday. Millicom International Cellular has a twelve month low of $52.05 and a twelve month high of $75.46. The stock has a market capitalization of $6,710.00, a price-to-earnings ratio of 492.86 and a beta of 1.48. The company has a current ratio of 0.87, a quick ratio of 0.84 and a debt-to-equity ratio of 1.14.

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Millicom International Cellular Company Profile

Millicom International Cellular SA is an international telecommunications and media company. The Company is engaged in providing digital lifestyle services in various markets, through mobile and fixed telephony, cable, broadband and television. Its segments include Latin America and Africa. It operates its mobile businesses in Central America (El Salvador) and in Africa (Chad, Ghana, Rwanda, Senegal and Tanzania).

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