Saipem (SAPMF) to Release Quarterly Earnings on Tuesday

Saipem (OTCMKTS:SAPMF) will likely be issuing its quarterly earnings data before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $4.09 billion for the quarter.

Saipem Price Performance

Saipem stock opened at $2.40 on Monday. Saipem has a fifty-two week low of $1.43 and a fifty-two week high of $2.84. The firm’s fifty day moving average price is $2.58 and its 200-day moving average price is $2.40.

About Saipem

Saipem SpA provides energy and infrastructure solutions worldwide. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. It offers development of subsea fields and pipelaying; installation and lifting of offshore structures; and engineering, implementation, installation, maintenance, modification, and decommissioning activities.