Telecom Italia (TIIAY) Expected to Post Quarterly Earnings on Wednesday

Telecom Italia (OTCMKTS:TIIAY) is expected to be issuing its resultson Wednesday, July 29th. Analysts expect the company to post earnings of $0.1045 per share and revenue of $4.0513 billion for the quarter.

Telecom Italia Trading Up 1.3%

Shares of Telecom Italia stock opened at $8.43 on Tuesday. Telecom Italia has a 1-year low of $4.54 and a 1-year high of $11.20. The company’s fifty day simple moving average is $9.07 and its 200-day simple moving average is $7.93.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets restated a “hold” rating on shares of Telecom Italia in a research report on Wednesday, June 24th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold”.

Telecom Italia Company Profile

Telecom Italia S.p.A., commonly known by its brand TIM, is Italy’s leading integrated telecommunications operator. The company offers a comprehensive range of fixed‐line and mobile voice services, high‐speed broadband access, and digital television solutions to residential, corporate and wholesale clients. Telecom Italia designs, builds and manages network infrastructure, including fiber‐optic and wireless systems, to deliver reliable connectivity across urban and rural markets in Italy.

Beyond traditional telephony, Telecom Italia has expanded into information and communications technology (ICT) services, providing cloud computing, cybersecurity, Internet of Things (IoT) platforms and data analytics solutions.