Telecom Italia (OTCMKTS:TIIAY – Get Free Report) is expected to be releasing its results before the market opens on Tuesday, November 10th. Analysts expect the company to announce earnings of $0.1152 per share and revenue of $4.16 billion for the quarter.
Telecom Italia Stock Performance
Shares of OTCMKTS TIIAY opened at $6.31 on Monday. Telecom Italia has a 12-month low of $5.43 and a 12-month high of $11.20. The firm has a 50 day moving average of $7.44 and a 200 day moving average of $7.96.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on TIIAY. Zacks Research upgraded shares of Telecom Italia to a “hold” rating in a research note on Thursday, October 8th. Barclays restated an “overweight” rating on shares of Telecom Italia in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Telecom Italia presently has a consensus rating of “Hold”.
Read Our Latest Research Report on Telecom Italia
Telecom Italia Company Profile
Telecom Italia S.p.A., which operates under the TIM brand, provides telecommunications and digital services. Its offerings include mobile and fixed-line voice services, broadband connectivity, and business solutions such as cloud, data, and information technology services.
The company primarily serves customers in Italy through TIM and also operates in Brazil through its subsidiary TIM SA Its services reach consumers, businesses, and wholesale telecommunications customers.
Telecom Italia was formed in 1994 through the consolidation of several Italian state-owned telecommunications businesses and was later privatized.
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