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TIM Group (TIIAY)
OTHER OTC:TIIAY
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0Last Year’s EPS
-0.11Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: 20.43%
|Next Earnings Date:Jul 24, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with significant growth in revenue and EBITDA, a reduction in net debt, and successful execution in the enterprise and Brazilian segments. However, challenges remain with increased competition from energy players in the fixed line market and ongoing pressure in the mobile market. Overall, the positive aspects of the call, particularly the financial and operational growth, outweigh the challenges.Company Guidance
During the third-quarter call for 2024, TIM provided guidance indicating strong performance across various metrics. At the group level, revenues increased by 3.4%, while EBITDA after lease saw an 11% rise. The company reported a CapEx of €1.3 billion, representing 12.5% of revenues, and an EBITDA after lease minus CapEx of €1.4 billion, marking a 35% increase. Net debt after lease decreased by over €100 million in Q3, settling just below €8 billion. Domestically, revenues grew by 1.8%, and EBITDA after lease was up 8.3%. The domestic CapEx amounted to €0.8 billion or 10.5% of revenues, with an EBITDA after lease minus CapEx growth of 38%, reaching €0.7 billion. TIM Brasil also contributed significantly, with strong top-line and EBITDA growth. Overall, TIM is performing slightly better than its guidance, particularly on group EBITDA after lease, while CapEx remains soft in both Italy and Brazil. This positions the company advantageously for year-end results, with potential for better-than-guidance outcomes depending on Q4 CapEx levels.Revenue Growth at Group and Domestic Levels
Group revenues were up 3.4%, and domestic revenues increased by 1.8% over the first nine months.
EBITDA Growth and Margin Improvement
EBITDA after lease increased by 11% at the group level and by 8.3% domestically, with margins up 1.8 percentage points to approximately 26%.
Net Debt Reduction
Net debt after lease reduced by over €100 million in Q3, landing just below €8 billion.
TIM Brasil Performance
TIM Brasil is delivering significant top-line and EBITDA growth, outperforming peers in terms of EBITDA and cash flow margin.
Enterprise Segment Growth
Enterprise services revenue increased by 8%, with a further acceleration in Q3 to 11%, driven by cloud, security, and IoT services.
Success of National Strategic Hub
The National Strategic Hub exceeded expectations, with cloud service revenue increasing by 22%.
Cost Efficiency Achievements
The cost transformation plan achieved approximately €170 million in savings, equivalent to almost 80% of the full-year target.
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TIIAY 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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TIIAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $2.30 | $2.30 | 0.00% |
| Jul 31, 2024 | $2.49 | $2.45 | -1.61% |
| May 29, 2024 | $2.72 | $2.65 | -2.57% |
| Feb 14, 2024 | $2.89 | $2.95 | +2.08% |
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 Group (TIIAY) report earnings?
TIM Group (TIIAY) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is TIM Group (TIIAY) earnings time?
TIM Group (TIIAY) earnings time is at Feb 12, 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 TIIAY EPS forecast?
TIIAY EPS forecast for the fiscal quarter 2024 (Q4) is 0.
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