Telecom Italia (TIIAY) Projected to Release Quarterly Earnings on Wednesday

Telecom Italia (OTCMKTS:TIIAY) will likely be releasing its resultson Wednesday, July 29th. Analysts expect Telecom Italia to post earnings of $0.1045 per share and revenue of $4.1342 billion for the quarter.

Telecom Italia Trading Down 0.7%

Shares of OTCMKTS TIIAY opened at $8.66 on Wednesday. The firm’s 50-day moving average price is $9.07 and its 200-day moving average price is $7.86. Telecom Italia has a 1-year low of $4.54 and a 1-year high of $11.20.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets reaffirmed a “hold” rating on shares of Telecom Italia in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Telecom Italia presently has an average rating of “Hold”.

About Telecom Italia

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.