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% from the start of the year.
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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