CTT – Correios De Portugal (CTTOF) Projected to Post Quarterly Earnings on Wednesday

CTT – Correios De Portugal (OTCMKTS:CTTOF) is anticipated to release its resultson Wednesday, March 18th. Analysts expect CTT – Correios De Portugal to post earnings of $0.1762 per share and revenue of $404.0310 million for the quarter.

CTT – Correios De Portugal Trading Down 8.8%

CTT – Correios De Portugal stock opened at $7.75 on Wednesday. The firm has a 50 day simple moving average of $8.47 and a 200-day simple moving average of $8.42. CTT – Correios De Portugal has a 12-month low of $6.42 and a 12-month high of $9.40.

About CTT – Correios De Portugal

CTT – Correios de Portugal, SA is the national postal operator of Portugal, offering a comprehensive range of mail and parcel delivery services to individual and corporate customers. The company’s core activities include the collection, sorting and distribution of letters, direct mail and parcels both domestically and through an extensive international network. CTT also provides express courier solutions, specialized logistics for e-commerce, and value-added services such as registered mail and postal insurance.

In addition to its traditional postal operations, CTT has expanded into financial services under the brand “Banco CTT,” offering savings accounts, payment cards, transfers and money-remittance services.