Telecom Italia (TIIAY) Expected to Release Earnings on Tuesday

Telecom Italia (OTCMKTS:TIIAY) is expected to issue its results before the market opens on Tuesday, November 10th. Analysts expect the company to announce earnings of $0.1152 per share and revenue of $4.16 billion for the quarter.

Telecom Italia Stock Down 0.8%

Shares of TIIAY opened at $6.30 on Tuesday. Telecom Italia has a 12 month low of $5.43 and a 12 month high of $11.20. The firm’s 50 day moving average is $7.65 and its 200-day moving average is $7.97.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on TIIAY shares. Barclays reiterated an “overweight” rating on shares of Telecom Italia in a research note on Friday, August 7th. Zacks Research upgraded Telecom Italia to a “hold” rating in a research note on Thursday, October 8th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Telecom Italia has a consensus rating of “Hold”.

About Telecom Italia

Telecom Italia S.p.A., commonly known as TIM, is an Italian telecommunications company that provides fixed-line and mobile communications services. Its offerings include voice and messaging, broadband and fiber connectivity, data services, and related digital communications products for households, businesses, and public-sector customers.

Through its enterprise operations, TIM provides information and communications technology services such as cloud computing, cybersecurity, data centers, managed connectivity, and other digital solutions.