Leonardo (FINMF) to Post Earnings on Thursday

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

Leonardo Price Performance

Shares of FINMF stock traded up $1.40 during trading hours on Wednesday, reaching $61.28. 1,132 shares of the company’s stock were exchanged, compared to its average volume of 4,462. Leonardo has a 1 year low of $50.50 and a 1 year high of $75.88. The stock’s fifty day moving average price is $59.65 and its two-hundred day moving average price is $65.00.

Hedge Funds Weigh In On Leonardo

A hedge fund recently bought a new stake in Leonardo stock. Atlas Capital Advisors Inc. bought a new stake in Leonardo S.p.a. (OTCMKTS:FINMF) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,410 shares of the company’s stock, valued at approximately $255,000. 18.02% of the stock is 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.