Telecom Italia (BIT:TIT) First Quarter 2024 Results
Key Financial Results
- Revenue: €3.96b (up 3.0% from 1Q 2023).
- Net loss: €400.0m (loss narrowed by 42% from 1Q 2023).
- €0.019 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Telecom Italia Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.9% growth forecast for the Telecom industry in Italy.
Performance of the Italian Telecom industry.
The company's shares are up 1.1% from a week ago.
Risk Analysis
Be aware that Telecom Italia is showing 2 warning signs in our investment analysis and 1 of those is significant...
Valuation is complex, but we're here to simplify it.
Discover if Telecom Italia might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About BIT:TIT
Telecom Italia
Engages in the provision of fixed and mobile telecommunications services in Italy and internationally.
Undervalued with worrying balance sheet.
