TIM (TIMB) Scheduled to Post Earnings on Monday

TIM (NYSE:TIMB) will release its earnings data after the market closes on Monday, May 6th. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

TIM (NYSE:TIMB) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $0.37 earnings per share (EPS) for the quarter. TIM had a net margin of 11.96% and a return on equity of 10.71%. The business had revenue of $1.27 billion for the quarter. On average, analysts expect TIM to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

TIM Stock Up 2.9 %

Shares of TIM stock opened at $18.20 on Friday. The firm has a fifty day moving average price of $17.87 and a two-hundred day moving average price of $17.63. TIM has a fifty-two week low of $13.17 and a fifty-two week high of $19.14. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.79 and a quick ratio of 0.76.

TIM Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, April 1st were issued a dividend of $0.064 per share. This represents a $0.26 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend was Thursday, March 28th. TIM’s payout ratio is presently 55.93%.

Analysts Set New Price Targets

Separately, Barclays raised their price target on shares of TIM from $19.50 to $20.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 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.