Amplifon (AMFPF) Set to Post Earnings on Thursday

Amplifon (OTCMKTS:AMFPF) is projected to issue its results after the market closes on Thursday, October 29th. Analysts expect the company to post earnings of $0.1018 per share and revenue of $650.02 million for the quarter.

Amplifon Price Performance

OTCMKTS:AMFPF opened at $11.21 on Wednesday. The company’s 50-day moving average price is $11.21 and its 200-day moving average price is $12.18. Amplifon has a twelve month low of $9.46 and a twelve month high of $22.43.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on AMFPF shares. Citigroup raised shares of Amplifon to a “buy” rating in a research note on Thursday, July 23rd. Morgan Stanley assumed coverage on shares of Amplifon in a research note on Wednesday, September 2nd. They issued an “overweight” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

About Amplifon

Amplifon S.p.A. is an Italy-based hearing-care company that provides hearing solutions and related services to people with hearing loss. Its business includes the distribution and fitting of hearing aids, hearing assessments, personalized counseling, device maintenance, and after-sales support. The company also offers accessories and technologies designed to improve hearing in different environments.

Founded in Milan in 1950 by Algernon Charles Holland, Amplifon has expanded from an Italian specialist into an international hearing-care retailer.