Saipem SpA (OTCMKTS:SAPMF – Get Rating) – Investment analysts at Jefferies Financial Group raised their Q4 2023 earnings estimates for Saipem in a research report issued to clients and investors on Thursday, March 23rd. Jefferies Financial Group analyst M. Wilson now expects that the company will earn $0.01 per share for the quarter, up from their prior estimate of ($0.01). The consensus estimate for Saipem's current full-year earnings is ($0.12) per share. Jefferies Financial Group also issued estimates for Saipem's FY2024 earnings at $0.03 EPS.
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Shares of OTCMKTS:SAPMF opened at $1.44 on Friday. Saipem has a 1-year low of $0.62 and a 1-year high of $60.40. The company's fifty day moving average is $1.50 and its two-hundred day moving average is $1.10.
Saipem Company Profile
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Saipem SpA provides integrated basic and detailed onshore engineering, procurement, project management, and construction services mainly to the oil and gas, complex civil and marine infrastructure, and environmental market sectors. It operates through the following business segments: Offshore Engineering and Construction; Onshore Engineering and Construction; Offshore Drilling; and Onshore Drilling.
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