trending Market Intelligence /marketintelligence/en/news-insights/trending/DPbkN-Yjb--lsMG1_l5D8g2 content esgSubNav
In This List

Leonardo S.p.A. Q1 profit climbs 98.3% YOY

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Using ESG Analysis to Support a Sustainable Future


Leonardo S.p.A. Q1 profit climbs 98.3% YOY

Leonardo SpA said its normalized net income for the first quarter came to 2 euro cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 3 cents per share.

EPS rose 98.3% year over year from 1 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €14.4 million, a gain of 98.3% from €7.3 million in the year-earlier period.

The normalized profit margin rose to 0.5% from 0.3% in the year-earlier period.

Total revenue increased year over year to €2.65 billion from €2.55 billion, and total operating expenses climbed from the prior-year period to €2.51 billion from €2.43 billion.

Reported net income totaled a loss of €6.0 million, or a loss of 1 cents per share, compared with a loss of €24.0 million, or a loss of 4 cents per share, in the year-earlier period.