Poste Italiane (PITAF) to Release Earnings on Wednesday

Poste Italiane (OTCMKTS:PITAF) is anticipated to post its results before the market opens on Wednesday, February 25th. Analysts expect Poste Italiane to post earnings of $0.4236 per share and revenue of $3.9207 billion for the quarter.

Poste Italiane Price Performance

Poste Italiane stock opened at $27.61 on Monday. The company has a 50 day moving average price of $25.38 and a 200-day moving average price of $23.55. Poste Italiane has a fifty-two week low of $17.81 and a fifty-two week high of $27.61.

Wall Street Analyst Weigh In

Separately, Citigroup reiterated a “buy” rating on shares of Poste Italiane in a report on Monday, November 24th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Poste Italiane Company Profile

Poste Italiane S.p.A., established in 1862, serves as Italy’s primary postal and logistics operator and acts as a key provider of financial and insurance services. Majority owned by the Italian government and publicly listed since 2015, the company leverages a long-standing network of branches and delivery centers to facilitate mail, parcel and express courier services across Italy and through international partnerships.

The company’s operations are organized into several segments. Postal and logistics services encompass mail delivery, parcel shipping, warehouse and supply chain management.