TIM Participacoes (TSU) Set to Announce Quarterly Earnings on Monday

TIM Participacoes (NYSE:TSU) is set to announce its earnings results after the market closes on Monday, February 5th.

TIM Participacoes (NYSE:TSU) last issued its quarterly earnings data on Tuesday, November 7th. The Wireless communications provider reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.02. TIM Participacoes had a net margin of 5.57% and a return on equity of 5.71%. On average, analysts expect TIM Participacoes to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TIM Participacoes (NYSE:TSU) opened at $21.26 on Monday. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.34. The stock has a market cap of $9,940.75, a price-to-earnings ratio of 33.75, a price-to-earnings-growth ratio of 0.98 and a beta of 1.49. TIM Participacoes has a 1 year low of $13.63 and a 1 year high of $21.26.

A number of brokerages have issued reports on TSU. Zacks Investment Research raised shares of TIM Participacoes from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a research report on Friday, January 12th. Scotiabank set a $20.00 price objective on shares of TIM Participacoes and gave the company a “hold” rating in a research report on Wednesday, January 17th. Santander raised shares of TIM Participacoes from a “hold” rating to a “buy” rating in a research report on Thursday, December 21st. Barclays boosted their price objective on shares of TIM Participacoes from $18.50 to $20.00 and gave the company an “overweight” rating in a research report on Monday, October 16th. Finally, UBS Group raised shares of TIM Participacoes from a “market perform” rating to an “outperform” rating in a research report on Friday, November 24th. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. TIM Participacoes presently has an average rating of “Buy” and an average target price of $20.00.

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About TIM Participacoes

TIM Participacoes SA (TIM) is a provider of mobile telecommunication services in Brazil. The Company, through its subsidiaries in various telecommunications markets, operates mobile, fixed and long distance telephony, data transmission and ultra-broadband services. Its direct subsidiaries include TIM Celular SA, which provides landline telephone services (commuted fixed telephonic service (STFC))-domestic long distance and international long distance voice services, personal mobile service (SMP) and multimedia communication service (multimedia service of communication (SCM)) in all Brazilian states and in the Federal District, and Intelig Telecomunicacoes Ltda., which provides STFC-local voices services and SCM services in all Brazilian states and in the Federal District.

Earnings History for TIM Participacoes (NYSE:TSU)

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