Leonardo (BIT:LDO) Third Quarter 2024 Results
Key Financial Results
- Revenue: €4.09b (up 21% from 3Q 2023).
- Net income: €153.0m (up 87% from 3Q 2023).
- Profit margin: 3.7% (up from 2.4% in 3Q 2023).
- EPS: €0.27 (up from €0.14 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Leonardo Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 8.8%. Earnings per share (EPS) also surpassed analyst estimates.
Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Aerospace & Defense industry in Europe.
Performance of the market in Italy.
The company's shares are up 11% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Leonardo that you should be aware of before investing here.
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About BIT:LDO
Leonardo
An industrial and technological company, engages in the helicopters, defense electronics and security, aircraft, aerostructures, and space sectors in Italy, the United Kingdom, rest of Europe, the United States, and internationally.
Undervalued with excellent balance sheet.
