TIM (TIMB) Expected to Announce Earnings on Tuesday

TIM (NYSE:TIMB - Get Free Report) is expected to be releasing its earnings data before the market opens on Tuesday, February 4th. Analysts expect TIM to post earnings of $0.41 per share and revenue of $6.59 billion for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

TIM (NYSE:TIMB - Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.09). TIM had a return on equity of 11.73% and a net margin of 12.71%. The firm had revenue of $1.16 billion for the quarter. On average, analysts expect TIM to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TIM Stock Performance

NYSE TIMB traded down $0.11 on Friday, hitting $13.24. 1,491,838 shares of the company's stock were exchanged, compared to its average volume of 596,240. The firm has a market cap of $6.41 billion, a price-to-earnings ratio of 10.50, a P/E/G ratio of 0.59 and a beta of 0.83. The firm's 50-day moving average price is $12.54 and its two-hundred day moving average price is $14.54. TIM has a fifty-two week low of $11.32 and a fifty-two week high of $19.14. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.97 and a quick ratio of 0.93.

TIM Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 30th. Investors of record on Monday, December 30th were issued a dividend of $0.1723 per share. This represents a $0.69 dividend on an annualized basis and a yield of 5.21%. The ex-dividend date of this dividend was Monday, December 30th. This is a positive change from TIM's previous quarterly dividend of $0.09. TIM's dividend payout ratio is currently 56.35%.

Analyst Ratings Changes

Several equities research analysts have commented on TIMB shares. The Goldman Sachs Group decreased their target price on shares of TIM from $16.20 to $14.00 and set a "neutral" rating on the stock in a research report on Thursday, December 19th. UBS Group downgraded shares of TIM from a "buy" rating to a "neutral" rating in a report on Monday, December 9th. Scotiabank reduced their price target on shares of TIM from $24.80 to $23.20 and set a "sector outperform" rating for the company in a research report on Tuesday, November 5th. Finally, Barclays lowered their price target on TIM from $17.50 to $15.50 and set an "equal weight" rating on the stock in a report on Tuesday, January 14th.

TIM Company Profile

TIM SA, a telecommunications company, provides mobile voice, data, and broadband services in Brazil. The company offers in mobile, landline, long-distance, and data transmission services. It also offers fixed ultra-broadband, fixed ultraband broadband, and digital content services. The company serves individuals and corporates, as well as small, medium, and large companies.