Leonardo DRS Inc expected to post earnings of 11 cents a share - Earnings Preview

Leonardo DRS

29/04/2024 15:10

* Leonardo DRS Inc  DRS.OQ   DRS.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The Arlington Virginia-based  company is expected to
report a
13.0% increase in revenue to $642.86 million from $569 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Leonardo DRS Inc is for
earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Leonardo
DRS Inc
is $25.00​, above​ its last closing price of $21.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.30        0.30       0.31      Beat    4.5
 Sep. 30 2023  0.15        0.16       0.20      Beat    28.2
 Jun. 30 2023  0.11        0.11       0.15      Beat    32.4​
 Mar. 31 2023  0.05        0.05       0.07      Beat    31.3
 ​​Dec.        0.28        0.28       0.35      Beat    25
 31 2022                                                
                                                        ​
 Jun. 30 2022  -0.01       0.06       -0.09     Missed  -244
 Mar. 31 2022  0.12        0.12       -0.01     Missed  -108.5
 This summary was machine generated April 29 at 14:10 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)