Infrastrutture Wireless Italiane (IFSUF) Expected to Announce Quarterly Earnings on Thursday

Infrastrutture Wireless Italiane (OTCMKTS:IFSUF) is expected to post its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $0.1211 per share and revenue of $316.7040 million for the quarter.

Infrastrutture Wireless Italiane Trading Up 7.7%

IFSUF stock opened at $7.34 on Wednesday. Infrastrutture Wireless Italiane has a 1 year low of $6.82 and a 1 year high of $12.69. The stock’s fifty day moving average is $7.52 and its two-hundred day moving average is $8.46.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group lowered shares of Infrastrutture Wireless Italiane to a “neutral” rating in a research report on Friday, June 26th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Infrastrutture Wireless Italiane Company Profile

Infrastrutture Wireless Italiane S.p.A. (OTCMKTS: IFSUF) is an independent telecommunications infrastructure company based in Italy. The firm owns, operates and develops passive wireless network sites, including towers, rooftops and indoor coverage solutions, for major mobile network operators. By providing colocation and site management services, Infrastrutture Wireless Italiane supports the roll-out and enhancement of cellular networks across 2G, 3G, 4G and 5G technologies.

The company’s portfolio comprises more than 23,000 sites throughout Italy, from urban centers to rural areas, enabling national coverage and network densification.