Leonardo (FINMY) Projected to Release Quarterly Earnings on Thursday

Leonardo (OTCMKTS:FINMY) is anticipated to post its resultson Thursday, July 30th. Analysts expect Leonardo to announce earnings of $0.4559 per share and revenue of $6.7722 billion for the quarter.

Leonardo Stock Up 0.6%

Shares of FINMY opened at $29.09 on Thursday. Leonardo has a fifty-two week low of $25.59 and a fifty-two week high of $37.51. The firm has a 50 day moving average price of $29.44 and a 200-day moving average price of $32.06. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.62 and a current ratio of 0.97.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Morgan Stanley reiterated an “overweight” rating on shares of Leonardo in a research report on Monday, June 1st. Jefferies Financial Group upgraded shares of Leonardo from a “hold” rating to a “buy” rating in a research report on Thursday, July 9th. Citigroup raised Leonardo from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. Barclays reiterated an “overweight” rating on shares of Leonardo in a report on Friday, July 3rd. Finally, Zacks Research raised Leonardo to a “hold” rating in a research note on Friday, May 15th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Leonardo Company Profile

Leonardo S.p.A. is an Italy-based global aerospace, defence and security company that designs, manufactures and supports a broad range of products and systems for military, government and commercial customers. Its core activities span helicopters and fixed-wing aircraft, avionics and mission systems, air and naval defence electronics (including radars and sensors), cybersecurity and secure communications, as well as space systems and services. The company also provides systems integration, mission support, maintenance, repair and overhaul (MRO) and training services across its product lines.

The business traces its modern identity to the former Finmeccanica group and was rebranded as Leonardo in 2017, reflecting a strategic emphasis on technology, research and innovation.