Pirelli & C. (PLLIF) Expected to Announce Earnings on Thursday

Pirelli & C. (OTCMKTS:PLLIF) is projected to release its resultson Thursday, May 7th. Analysts expect Pirelli & C. to post earnings of $0.1662 per share and revenue of $1.9823 billion for the quarter.

Pirelli & C. Price Performance

Shares of Pirelli & C. stock remained flat at $6.84 during trading on Wednesday. The stock had a trading volume of 100 shares, compared to its average volume of 1,356. The business’s 50 day simple moving average is $6.84 and its two-hundred day simple moving average is $7.20. Pirelli & C. has a 12 month low of $6.03 and a 12 month high of $8.08.

Pirelli & C. Company Profile

Pirelli & C. S.p.A. is an Italian multinational tyre manufacturer and one of the world’s leading suppliers of high-value tyres. Founded in Milan in 1872 by Giovanni Battista Pirelli, the company has built its reputation around premium performance, technological innovation and product design. Pirelli specialises in tyres for cars, motorcycles and bicycles as well as motorsport applications, including its longstanding role as the exclusive tyre supplier to the FIA Formula One World Championship since 2011.

Following its 2015 separation from the industrial conglomerate that bore its name, Pirelli today operates through a network of over 100 manufacturing facilities and more than 20 research and development centres worldwide.