Investing.com - Leonardo reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Leonardo announced earnings per share of €0.14 on revenue of €2.96B. Analysts polled by Investing.com anticipated EPS of €0.16 on revenue of €2.97B.
Leonardo shares are down 58% from the beginning of the year, still down 63.55% from its 52 week high of €11.88 set on February 10. They are under-performing the STOXX 600 which is down 11.77% 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, who reported EPS of €-0.03 on revenue of €856.34M, compared to forecasts EPS of €-0.07 on revenue of €798.27M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar