Leonardo (FINMF) Projected to Post Earnings on Tuesday

Leonardo (OTCMKTS:FINMF) is anticipated to release its resultson Tuesday, May 5th. Analysts expect Leonardo to post earnings of $0.9040 per share and revenue of $5.3062 billion for the quarter.

Leonardo Stock Performance

Shares of Leonardo stock opened at $64.24 on Monday. The firm has a 50-day simple moving average of $69.43 and a two-hundred day simple moving average of $64.18. Leonardo has a fifty-two week low of $49.16 and a fifty-two week high of $75.88.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Leonardo stock. Atlas Capital Advisors Inc. acquired a new position in Leonardo S.p.a. (OTCMKTS:FINMF) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,410 shares of the company’s stock, valued at approximately $255,000. 18.02% of the stock is currently owned by hedge funds and other institutional investors.

Leonardo Company Profile

Leonardo S.p.A., trading in the U.S. over-the-counter market as FINMF, is an Italian multinational specializing in aerospace, defense and security. The company designs, develops and manufactures a broad range of products, including helicopters, fixed-wing aircraft, defense electronics, space systems and cybersecurity solutions. Leonardo serves both civil and military clients, providing integrated platforms and support services for complex missions and operations worldwide.

Within its aerospace segment, Leonardo produces tiltrotor and multirole helicopters under the AgustaWestland brand, as well as advanced trainer and transport aircraft.