Leonardo (FINMY) Expected to Release Earnings on Thursday

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

Leonardo Stock Performance

Shares of OTCMKTS FINMY opened at $30.93 on Wednesday. The company has a current ratio of 0.97, a quick ratio of 0.62 and a debt-to-equity ratio of 0.18. Leonardo has a 52 week low of $25.59 and a 52 week high of $37.51. The firm has a 50-day moving average price of $29.52 and a 200 day moving average price of $32.01.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on FINMY. Citigroup raised shares of Leonardo from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Zacks Research raised Leonardo to a “hold” rating in a research note on Friday, May 15th. Barclays restated an “overweight” rating on shares of Leonardo in a report on Friday, July 3rd. DZ Bank raised Leonardo to a “strong-buy” rating in a research note on Tuesday, July 21st. Finally, Jefferies Financial Group raised Leonardo from a “hold” rating to a “buy” rating in a research note on Thursday, July 9th. Three research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

About Leonardo

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.