Italgas SpA IG

Italgas SpA (ITGGF) reports a robust 17.5% revenue increase and significant cost reductions, while Moody's upgrades its credit outlook to positive.

Europe’s biggest gas distributor lifted core earnings 25% as its 2i Rete Gas deal started paying off faster than expected.

Wondering if Italgas at €10.30 is still offering value after a strong run, or if most of the opportunity is already priced in. The stock is up 6.5% year to date and 63.5% over the past year, after a more modest 123.2% over three years and 157.1% over five years. The price has recently slipped, with 7 day returns down 1.5% and 30 day returns down 2.0%. Recent price moves sit against a backdrop of ongoing attention on European gas infrastructure and regulated utilities, where balance sheets...

The consensus estimate for Q1 2026 revenue is $0.67 billion, and the earnings are expected to come in at $0.17 per share. Over the past 90 days, revenue estimates for Italgas SpA have declined from $2.81 billion to $2.79 billion for the full year 2026. For 2027, revenue estimates have decreased from $2.96 billion to $2.95 billion.

Italgas SpA (ITGGF) reports significant revenue and profit growth, strategic acquisitions, and increased dividends, despite rising debt and regulatory challenges.