Leonardo (FINMF) Expected to Release Earnings on Thursday

Leonardo (OTCMKTS:FINMF) is expected to be releasing its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $0.9040 per share and revenue of $6.3340 billion for the quarter.

Leonardo Stock Down 0.8%

OTCMKTS FINMF traded down $0.48 during trading hours on Tuesday, reaching $59.40. 2,783 shares of the company’s stock were exchanged, compared to its average volume of 4,455. The firm has a fifty day moving average of $59.63 and a 200-day moving average of $65.04. Leonardo has a one year low of $50.50 and a one year high of $75.88.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Leonardo stock. Atlas Capital Advisors Inc. bought a new position in shares of Leonardo S.p.a. (OTCMKTS:FINMF) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,410 shares of the company’s stock, valued at approximately $255,000. Institutional investors and hedge funds own 18.02% of the company’s stock.

About Leonardo

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.