Poste Italiane (PITAF) to Release Quarterly Earnings on Friday

Poste Italiane (OTCMKTS:PITAF) will likely be posting its resultson Friday, July 24th. Analysts expect the company to post earnings of $0.5090 per share and revenue of $3.8170 billion for the quarter.

Poste Italiane Stock Performance

Poste Italiane stock opened at $22.47 on Friday. Poste Italiane has a fifty-two week low of $20.55 and a fifty-two week high of $27.61. The firm has a 50 day moving average price of $23.12 and a 200 day moving average price of $24.63.

Analyst Ratings Changes

Several research analysts have recently commented on PITAF shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Poste Italiane in a research report on Wednesday, June 10th. Barclays upgraded Poste Italiane from an “equal weight” rating to an “overweight” rating in a report on Wednesday, June 24th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average 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.