Millicom Q3 GAAP EPS $0.58 vs $1.16 YoY; Prior Year Included $138M Gain On Sale Of Lati Operations

Millicom Intl Cellular (NASDAQ:TIGO) reported quarterly earnings of $0.58 per share which missed the analyst consensus estimate of $1.03 by 43.69 percent. This is a 70.59 percent increase over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $2.276 billion which beat the analyst consensus estimate of $2.227 billion by 2.19 percent. This is a 60.28 percent increase over sales of $1.420 billion the same period last year.