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Earnings Data
Report Date
Jul 30, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.27Last Year’s EPS
0.12Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call delivers a broadly positive picture: robust commercial momentum (orders +31%, backlog +23%), strong profitability gains (EBITA +33%, adjusted net result +60%), credit upgrade and a transformative acquisition (Iveco Defence). These highlights substantially outweigh near‑term challenges — a still negative but improved free operating cash flow, expected post‑deal net debt increase, Aerostructures underperformance and some timing/FX noise. Management reaffirmed full‑year guidance and emphasized execution focus and continued R&D investment, signaling confidence in the plan while acknowledging a few execution risks and seasonal effects.Company Guidance
Strong Order Intake and Backlog Expansion
New orders of EUR 9.0 billion in Q1 2026, up ~31% year‑over‑year; total backlog increased to EUR 57 billion, +23% vs 2025, representing ~2.5 years of production and a book‑to‑bill ratio of 2x.
Revenue Growth
Revenues of EUR 4.5 billion in Q1 2026, up ~6.9% year‑over‑year (management noted ~10% growth excluding negative FX translation), with broad‑based improvements across divisions.
Material Profitability Improvement
EBITA up approximately 33% year‑over‑year to EUR 281 million (management / CFO figures aligned on ~33% improvement); adjusted net result EUR 184 million, +60% year‑over‑year. Return on sales moving toward double digit in Electronics and close to double digit in Aeronautics.
Cash Flow and Balance Sheet Progress
Free operating cash flow improved by ~29% versus prior period to negative EUR 411 million (i.e., significantly better than prior), cash used in operating activities EUR 0.2 billion vs EUR 0.4bn a year earlier (Q1 included EUR 100m NH90 litigation settlement). Moody's upgraded rating from Baa3 to Baa2 (positive outlook); S&P maintained rating and raised outlook to positive.
Strategic M&A and Portfolio Strengthening
Acquisition of Iveco Defence & Security completed for EUR 1.6 billion; IDV added ~EUR 6 billion to backlog and will be consolidated for income/cash flows from April 1, 2026. Management described strong strategic rationale and expected accretive contribution (9‑month preliminary add‑ons: ~EUR 1.2bn orders, EUR 1.1bn revenue, EUR 0.12bn EBITA, EUR 0.22bn FOCF).
Operational Momentum Across Key Divisions
Notable division performance: Defence Electronics/Electronics Europe showing strong double‑digit improvements (Electronics Europe revenue +15%, orders +20% noted), Cyber and Space accelerating (Cyber revenues up ~20%, EBITA +36%; Space revenues +14%, EBITA +100%); Aeronautics and Helicopters produced solid order and revenue flow (Helicopters ~+3.8% revenue; key orders for AW149 NMH and M‑346).
Workforce and Digital/Technology Investment
Workforce increased by ~5,600 to >65,000 employees; continued investment in digital capabilities and R&D with message of ~EUR 1bn self‑funded R&D per year plus EUR 2bn customer‑funded R&D to support long‑term growth and product competitiveness.
Full‑Year Guidance Confirmed with Confidence
Company confirmed FY 2026 guidance (orders EUR 25bn, revenues EUR 21bn, EBITA EUR 2.03bn, free operating cash flow EUR 1.1bn) and communicated preliminary 9‑month contribution from Iveco Defence, indicating management confidence in delivery.
FINMY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FINMY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $30.97 | $32.67 | +5.49% |
Feb 25, 2026 | $34.58 | $33.35 | -3.56% |
Nov 05, 2025 | $29.11 | $28.78 | -1.13% |
Jul 30, 2025 | $27.38 | $27.33 | -0.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Leonardo SpA (FINMY) report earnings?
Leonardo SpA (FINMY) is schdueled to report earning on Jul 30, 2026, TBA (Confirmed).
What is Leonardo SpA (FINMY) earnings time?
Leonardo SpA (FINMY) earnings time is at Jul 30, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FINMY EPS forecast?
FINMY EPS forecast for the fiscal quarter 2026 (Q2) is 0.27.