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TIM (TIMB)
NYSE:TIMB
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Earnings Data
Report Date
Feb 11, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.38Last Year’s EPS
0.38Same Quarter Last Year
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jul 29, 2020
|% Change Since: -12.39%
|Next Earnings Date:May 05, 2020
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with significant growth in service revenues, postpaid customer base, EBITDA, and digital ecosystem expansion. However, challenges in the prepaid market and competitive pressures pose potential risks. The company remains optimistic about maintaining growth above inflation and managing economic challenges.Company Guidance
In the third quarter of 2024, TIM S.A. reported a 6.1% growth in service revenues, primarily driven by mobile services which expanded by 6.3% compared to Q3 2023. The company saw a near 5% rise in mobile ARPU and achieved a record low churn rate of 0.7% in its postpaid customer base, which grew by close to 8% year-on-year. EBITDA increased by 7.5%, marking the 13th consecutive quarter of margin expansion. Operating cash flow reached a record high for Q3, growing over 20% year-over-year and representing 25% of revenues for the quarter. TIM reaffirmed its commitment to distributing BRL 3.5 billion in shareholder remuneration for 2024 and is confident in meeting its year-end guidance, aiming for sustainable revenue growth above inflation, supported by strategic investments in brand perception and network reliability.Service Revenue Growth
Achieved a 6.1% growth in service revenues, driven mainly by mobile services which expanded by 6.3% compared to Q3 2023. Mobile ARPU rose close to 5%.
Postpaid Customer Base Expansion
Postpaid customer base grew close to 8% year-on-year and 2% quarterly, achieving a record low churn rate at 0.7%.
EBITDA and Cash Flow Performance
EBITDA grew by 7.5% with margin expansion for 13 consecutive quarters. Operating cash flow reached a record high for Q3, growing above 20% year-over-year, with a margin of 25%.
Digital Ecosystem Expansion
Mobile ads and data monetization more than doubled revenues in the past 12 months. Health and education partnerships are also growing, with significant customer engagement.
B2B Contract Growth
Closed the quarter with over BRL 600 million in contracted revenues from new contracts, with a solid pipeline for future growth.
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TIMB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TIMB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | $13.88 | $14.05 | +1.22% |
| Jul 30, 2024 | $14.23 | $15.06 | +5.83% |
| May 06, 2024 | $17.79 | $16.71 | -6.07% |
| Feb 06, 2024 | $17.33 | $17.37 | +0.23% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does TIM (TIMB) report earnings?
TIM (TIMB) is schdueled to report earning on Feb 11, 2025, TBA Not Confirmed.
What is TIM (TIMB) earnings time?
TIM (TIMB) earnings time is at Feb 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TIMB EPS forecast?
TIMB EPS forecast for the fiscal quarter 2024 (Q4) is 0.38.
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