Leonardo Earnings miss, Revenue beats In Q1

  • Investing.com
Leonardo Earnings miss, Revenue beats In Q1

Investing.com - Leonardo reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Leonardo announced earnings per share of €0.183 on revenue of €4.39B. Analysts polled by Investing.com anticipated EPS of €0.4784 on revenue of €4.37B.

Leonardo shares are up 19% from the beginning of the year and are trading at €7.090 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 5.36% from the start of the year.

Leonardo follows other major Capital Goods sector earnings this month

Leonardo's report follows an earnings beat by Tenaris on Wednesday, February 24, 2021, who reported EPS of €0.0736 on revenue of €925.23M, compared to forecasts EPS of €-0.0007 on revenue of €872.1M.

Gvs had beat expectations on Wednesday, March 3, 2021 with first quarter EPS of €0.18 on revenue of €109.74M, compared to forecast for EPS of €0.16 on revenue of €100.25M.

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