Poste Italiane (PITAF) Expected to Release Quarterly Earnings on Thursday

Poste Italiane (OTCMKTS:PITAF) is anticipated to release its results before the market opens on Thursday, November 12th. Analysts expect Poste Italiane to post earnings of $0.5230 per share and revenue of $3.76 billion for the quarter.

Poste Italiane Stock Performance

Shares of PITAF opened at $26.92 on Wednesday. The company’s fifty day moving average is $30.54 and its 200 day moving average is $25.96. Poste Italiane has a fifty-two week low of $26.92 and a fifty-two week high of $31.39.

Analyst Ratings Changes

Separately, Citigroup reissued a “buy” rating on shares of Poste Italiane in a research note on Wednesday, July 29th. Four investment analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

About Poste Italiane

Poste Italiane S.p.A. is Italy’s national postal and logistics services provider. The company offers mail and parcel collection and delivery, express delivery, logistics, and other communication services to individuals, businesses, and public-sector organizations. Its network of post offices and digital channels serves customers throughout Italy and supports domestic and international shipments. Through its BancoPosta business, Poste Italiane provides payment and financial services, including current accounts, payment cards, money transfers, savings products, and investment-related services.