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

Telecom Italia (OTCMKTS:TIIAY) is projected to release its resultson Wednesday, May 6th. Analysts expect Telecom Italia to post earnings of $0.4297 per share and revenue of $3.8798 billion for the quarter.

Telecom Italia Price Performance

TIIAY stock opened at $8.00 on Monday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.82 and a current ratio of 0.84. Telecom Italia has a 1 year low of $3.94 and a 1 year high of $8.02. The stock’s fifty day moving average price is $7.38 and its 200-day moving average price is $6.64.

Analyst Ratings Changes

Several equities research analysts have recently commented on TIIAY shares. Deutsche Bank Aktiengesellschaft cut shares of Telecom Italia from a “buy” rating to a “hold” rating in a research note on Friday, February 20th. Barclays reissued an “overweight” rating on shares of Telecom Italia in a report on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

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.