Leonardo S.p.A. (LDOm)

Leonardo SpA’s first half of fiscal 2026 featured an EPS beat, with EPS of EUR 0.70 topped the EUR 0.43 estimate, +62%, as revenue rose 12.2% to about EUR 10.0 billion (up from roughly EUR 8.9 billion a year ago) in results reported July 31, 2026. Profitability was reflected in a gross margin of about 7% and an operating margin near 6%, alongside gross profit of roughly EUR 720 million and operating income of about EUR 560 million. Net income fell 19.6% to roughly EUR 403 million (down from about EUR 501 million a year ago). Leonardo generated operating cash flow of around EUR 235 million and paid about EUR 359 million in dividends. Next-period consensus calls for EPS of EUR 1.06 on revenue of EUR 7.036 billion.