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Telecom Italia to raise 2022 outlook on core profit - sources

MILAN (Reuters) - Telecom Italia (BIT:TLIT) (TIM) is set to raise its core earnings target for this year on the back of its second-quarter results, two sources familiar with the...
Telecom Italia to raise 2022 outlook on core profit - sources © Reuters. FILE PHOTO: The Tim logo is seen at its headquarters in Rome, Italy November 22, 2021. REUTERS/Yara Nardi

MILAN (Reuters) - Telecom Italia (BIT:TLIT) (TIM) is set to raise its core earnings target for this year on the back of its second-quarter results, two sources familiar with the matter said on Wednesday.

A spokesperson for TIM, which will report quarterly results later in the day, declined to comment.

TIM now sees its organic earnings before interest, tax, depreciation and amortisation (EBITDA) after lease costs fall this year at a softer pace compared with a previous forecast of a 'mid-to-high teens' decrease, the people said declining to be named as deliberations are ongoing and plans are not public.

In June, Chief Executive Pietro Labriola said he hoped the former phone monopoly could surprise markets with positive first-half results.

Telecom Italia shares are up 4.2% at 0.2235 euros by 1340 GMT.

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13-08-2022 11:04:35 (UTC+7)

EUR/USD

1.0261

-0.0056 (-0.54%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

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Sell (2)

EUR/USD

1.0261

-0.0056 (-0.54%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (6)

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GBP/USD

1.2135

-0.0076 (-0.63%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (5)

USD/JPY

133.46

+0.46 (+0.34%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

AUD/USD

0.7121

+0.0016 (+0.23%)

Summary

↑ Sell

Moving Avg:

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Indicators:

Buy (3)

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USD/CAD

1.2774

+0.0013 (+0.10%)

Summary

↑ Buy

Moving Avg:

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EUR/JPY

136.93

-0.29 (-0.21%)

Summary

Sell

Moving Avg:

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EUR/CHF

0.9659

-0.0046 (-0.48%)

Summary

↑ Sell

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Gold Futures

1,818.40

+11.20 (+0.62%)

Summary

↑ Buy

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Silver Futures

20.835

+0.486 (+2.39%)

Summary

↑ Buy

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Copper Futures

3.6783

-0.0282 (-0.76%)

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↑ Buy

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Crude Oil WTI Futures

91.88

-2.46 (-2.61%)

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Brent Oil Futures

98.01

-1.59 (-1.60%)

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Buy

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Natural Gas Futures

8.780

-0.094 (-1.06%)

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US Coffee C Futures

227.53

+3.58 (+1.60%)

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Euro Stoxx 50

3,776.81

+19.76 (+0.53%)

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Sell

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S&P 500

4,280.15

+72.88 (+1.73%)

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↑ Buy

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DAX

13,795.85

+101.34 (+0.74%)

Summary

Neutral

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FTSE 100

7,500.89

+34.98 (+0.47%)

Summary

Neutral

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Hang Seng

20,175.62

+93.19 (+0.46%)

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↑ Buy

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US Small Cap 2000

2,013.09

+37.84 (+1.92%)

Summary

↑ Buy

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IBEX 35

8,400.40

+20.40 (+0.24%)

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↑ Sell

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BASF SE NA O.N.

44.155

+0.730 (+1.68%)

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↑ Buy

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Bayer AG NA

54.15

+2.47 (+4.78%)

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Allianz SE VNA O.N.

181.08

+2.08 (+1.16%)

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↑ Sell

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Adidas AG

173.20

+1.18 (+0.69%)

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↑ Buy

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Deutsche Lufthansa AG

6.588

+0.062 (+0.95%)

Summary

↑ Sell

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Siemens AG Class N

111.84

+1.92 (+1.75%)

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Deutsche Bank AG

9.061

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 EUR/USD1.0261↑ Buy
 GBP/USD1.2135↑ Sell
 USD/JPY133.46↑ Sell
 AUD/USD0.7121↑ Sell
 USD/CAD1.2774↑ Buy
 EUR/JPY136.93Sell
 EUR/CHF0.9659↑ Sell
 Gold1,818.40↑ Buy
 Silver20.835↑ Buy
 Copper3.6783↑ Buy
 Crude Oil WTI91.88↑ Buy
 Brent Oil98.01Buy
 Natural Gas8.780↑ Buy
 US Coffee C227.53↑ Buy
 Euro Stoxx 503,776.81Sell
 S&P 5004,280.15↑ Buy
 DAX13,795.85Neutral
 FTSE 1007,500.89Neutral
 Hang Seng20,175.62↑ Buy
 Small Cap 20002,013.09↑ Buy
 IBEX 358,400.40↑ Sell
 BASF44.155↑ Buy
 Bayer54.15↑ Buy
 Allianz181.08↑ Sell
 Adidas173.20↑ Buy
 Lufthansa6.588↑ Sell
 Siemens AG111.84↑ Sell
 Deutsche Bank AG9.061↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,620/ 6,720
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SJC HCM6,660/ 6,760
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SJC Hanoi6,660/ 6,762
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SJC Danang6,660/ 6,762
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SJC Nhatrang6,660/ 6,762
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SJC Cantho6,660/ 6,762
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Cập nhật 13-08-2022 11:04:37
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ↀ Giá vàng thế giới
$1,801.89+12.740.71%
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RON 95-V25.34025.840
RON 95-III24.66025.150
E5 RON 92-II23.72024.190
DO 0.05S22.90023.350
DO 0,001S-V24.88025.370
Dầu hỏa 2-K23.32023.780
ↂ Giá dầu thô thế giới
WTI$91.88+0.550.60%
Brent$97.89+0.110.11%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.220,0023.530,00
EUR23.498,0024.813,92
GBP27.761,8728.945,83
JPY170,70180,72
KRW15,5018,89
Cập nhật lúc 10:56:15 13/08/2022
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