Leonardo (FINMF) Expected to Release Quarterly Earnings on Thursday

Leonardo (OTCMKTS:FINMF) is projected to release its resultson Thursday, July 30th. Analysts expect the company to post earnings of $0.9040 per share and revenue of $6.3539 billion for the quarter.

Leonardo Trading Up 2.7%

Shares of Leonardo stock opened at $59.17 on Thursday. The company has a 50-day simple moving average of $59.61 and a 200 day simple moving average of $65.09. Leonardo has a 12-month low of $50.50 and a 12-month high of $75.88.

Institutional Inflows and Outflows

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

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.