Poste Italiane (PITAF) Expected to Announce Earnings on Wednesday

Poste Italiane (OTCMKTS:PITAF) is expected to be posting its results before the market opens on Wednesday, February 25th. Analysts expect Poste Italiane to post earnings of $0.4236 per share and revenue of $3.9207 billion for the quarter.

Poste Italiane Price Performance

Shares of PITAF stock opened at $27.61 on Friday. Poste Italiane has a fifty-two week low of $17.81 and a fifty-two week high of $27.61. The stock’s 50-day moving average is $25.30 and its two-hundred day moving average is $23.48.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a “buy” rating on shares of Poste Italiane in a research report on Monday, November 24th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Poste Italiane presently has a consensus rating of “Buy”.

About Poste Italiane

Poste Italiane S.p.A., established in 1862, serves as Italy’s primary postal and logistics operator and acts as a key provider of financial and insurance services. Majority owned by the Italian government and publicly listed since 2015, the company leverages a long-standing network of branches and delivery centers to facilitate mail, parcel and express courier services across Italy and through international partnerships.

The company’s operations are organized into several segments. Postal and logistics services encompass mail delivery, parcel shipping, warehouse and supply chain management.