Investing.com - Leonardo reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Leonardo announced earnings per share of €0.129 on revenue of €3.01B. Analysts polled by Investing.com anticipated EPS of €0.06 on revenue of €2.94B.
Leonardo shares are up 55% from the beginning of the year and are trading at €9.766 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 10.16% year to date.
Leonardo follows other major Industrials sector earnings this month
Leonardo's report follows an earnings beat by Enav on Thursday, April 21, 2022, who reported EPS of €0.0348 on revenue of €205.75M, compared to forecasts EPS of €0.03 on revenue of €219.58M.
Iveco NV had beat expectations on Tuesday, April 26, 2022 with first quarter EPS of €0.15 on revenue of €3.05B, compared to forecast for EPS of €0.042 on revenue of €2.9B.
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