Infrastrutture Wireless Italiane (IFSUF) Projected to Release Quarterly Earnings on Thursday

Infrastrutture Wireless Italiane (OTCMKTS:IFSUF) is projected to issue its resultson Thursday, July 30th. Analysts expect Infrastrutture Wireless Italiane to post earnings of $0.1211 per share and revenue of $316.7040 million for the quarter.

Infrastrutture Wireless Italiane Stock Performance

Shares of Infrastrutture Wireless Italiane stock opened at $7.34 on Tuesday. Infrastrutture Wireless Italiane has a 52 week low of $6.82 and a 52 week high of $12.69. The company’s 50-day moving average price is $7.55 and its two-hundred day moving average price is $8.47.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut shares of Infrastrutture Wireless Italiane to a “neutral” rating in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Infrastrutture Wireless Italiane Company Profile

Infrastrutture Wireless Italiane S.p.A. (OTCMKTS: IFSUF) is an independent telecommunications infrastructure company based in Italy. The firm owns, operates and develops passive wireless network sites, including towers, rooftops and indoor coverage solutions, for major mobile network operators. By providing colocation and site management services, Infrastrutture Wireless Italiane supports the roll-out and enhancement of cellular networks across 2G, 3G, 4G and 5G technologies.

The company’s portfolio comprises more than 23,000 sites throughout Italy, from urban centers to rural areas, enabling national coverage and network densification.