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 newsMarketScreener StrategiesAnalyst Recommendations

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 | 01:59am EST

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 1.38% 0.51 Delayed Quote.3.37%
TELECOM ITALIA 0.16% 0.5024 End-of-day quote.3.95%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TELECOM ITALIA
01/15TIM : Alessandro picardi appointed chief of public affairs
PU
01/14TELECOM ITALIA : shareholders to vote on Vivendi's board demands in March
RE
01/14Telecom Italia Calls Shareholders' Meeting -- Update
DJ
01/14TIM : Shareholders' Meeting called
PU
01/14Telecom Italia Calls Shareholders' Meeting
DJ
01/14TIM interested in BT Italia
AQ
01/08TIM : €1.25 billion long 5 year bond issue
PU
01/07TIM : Carola Bardelli, Simone Cantagallo and Carlo Nardello join the Top Managem..
PU
2018TIM : analysis started on Vivendi's request to call a shareholders meeting
PU
2018TELECOM ITALIA : New Talents On Board For the Mediterranean Hub of the Future
PU
More news
Financials (€)
Sales 2018 19 174 M
EBIT 2018 3 345 M
Net income 2018 -22,5 M
Debt 2018 25 624 M
Yield 2018 0,76%
P/E ratio 2018 37,71
P/E ratio 2019 7,08
EV / Sales 2018 1,87x
EV / Sales 2019 1,82x
Capitalization 10 227 M
Chart TELECOM ITALIA
Duration : Period :
Telecom Italia Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TELECOM ITALIA
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 0,69 €
Spread / Average Target 37%
EPS Revisions
Managers
NameTitle
Luigi Gubitosi Chief Executive Officer & Executive 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 ITALIA3.95%11 659
VERIZON COMMUNICATIONS3.22%239 781
NIPPON TELEGRAPH AND TELEPHONE CORP2.05%82 415
DEUTSCHE TELEKOM-0.91%79 827
SAUDI TELECOM COMPANY SJSC--.--%52 258
TELEFONICA3.46%45 137