Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Telecom Italia    TIT   IT0003497168

TELECOM ITALIA (TIT)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweetsMarketScreener Strategies

Telecom Italia : Swung to Loss in 3Q, Hit by Write-Down

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/09/2018 | 07:59am CET

By Alberto Delclaux

Telecom Italia SpA (TIT.MI) late Thursday reported a third-quarter loss, citing an impairment, and said it wasn't backing its 2018 debt-to-Ebitda guidance.

Italy's largest telecom operator said it booked a net loss of 1.40 billion euros ($1.60 billion) in the third quarter compared with a net profit of EUR437 million the prior year quarter, as the company was hit by a EUR2 billion write-down on goodwill of the domestic business unit.

Revenue was down 4.1% at EUR4.67 billion.

Analysts had expected the company to post net profit of EUR443 million on the back of revenue of EUR4.71 billion, according to a FactSet-compiled consensus.

Earnings before interest, taxes, depreciation and amortization totaled EUR2.05 billion compared with analyst expectations of EUR2.11 billion.

Telecom Italia said it wasn't backing its full-year debt-to-Ebitda guidance, citing a fine in Italy, an adverse competitive and regulatory environment in the domestic business and the weakening of exchange-rate in Brazil.

Write to Alberto Delclaux at alberto.delclaux@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
TELECOM ITALIA -0.88% 0.5164 End-of-day quote.-28.33%
TELECOM ITALIA 1.63% 0.524 Delayed Quote.-29.06%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TELECOM ITALIA
11:57aVivendi Shares Rise After 3Q Revenue Beats Expectations
DJ
11/15VINCENT BOLLORÉ : Vivendi committed to Telecom Italia, pushes on with Universal ..
RE
11/15Vivendi Confirms Telecom Italia Commitment as UMG Boosts 3Q Revenue -- Update
DJ
11/15TIM : activities needed to prepare the deliberations of BoD are underway
PU
11/15Telecom Italia Plays Down CEO Speculation Ahead of Sunday Meeting
DJ
11/13Telecom Italia CEO is Ousted as Elliott Lands Another Blow in Vivendi Tussle ..
DJ
11/13GLOBAL MARKETS LIVE : QMA, Apple, Kellogg’s, Amazon…
11/13TIM : Clarifications on the statements made by shareholder vivendi and on conseq..
PU
11/13TELECOM ITALIA : board approves Nextel Brasil bid
AQ
11/13Telecom Italia CEO is Ousted as Elliott Lands Another Blow in Vivendi Tussle ..
DJ
More news
News from SeekingAlpha
11/14TELECOM ITALIA : Should Investors Focus On The Long-Term Opportunity? - Part 2 
11/14ClearBridge International Value Strategy Portfolio Manager Commentary Q3 2018 
11/13Amazon Selects New York And Virginia Locations For HQ2 And 3 
11/13WALL STREET BREAKFAST : Amazon Finds Homes For New Headquarters 
11/13Vodafone freezes dividend, Telecom Italia CEO ousted 
Financials (€)
Sales 2018 19 176 M
EBIT 2018 3 364 M
Net income 2018 1 419 M
Debt 2018 25 690 M
Yield 2018 0,41%
P/E ratio 2018 7,72
P/E ratio 2019 7,20
EV / Sales 2018 1,89x
EV / Sales 2019 1,84x
Capitalization 10 532 M
Chart TELECOM ITALIA
Duration : Period :
Telecom Italia Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TELECOM ITALIA
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 0,72 €
Spread / Average Target 39%
EPS Revisions
Managers
NameTitle
Amos Genish Chief Executive Officer & Director
Fulvio Conti Chairman
Piergiorgio Peluso CFO, Head-Administration, Finance & Control
Roberto Mazzilli Head-Information Technology & Security Compliance
Elisabetta Romano Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
TELECOM ITALIA-28.33%11 942
VERIZON COMMUNICATIONS11.35%244 119
DEUTSCHE TELEKOM0.91%80 604
NIPPON TELEGRAPH AND TELEPHONE CORP-15.28%78 634
SAUDI TELECOM COMPANY SJSC--.--%44 514
TELEFONICA-7.69%44 153