Leonardo DRS Inc expected to post earnings of 14 cents a share - Earnings Preview

Leonardo DRS

26/07/2024 16:22

* Leonardo DRS Inc  DRS.OQ   DRS.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The Arlington Virginia-based  company is expected to
report a
8.3% increase in revenue to $680.357 million from $628 million a
year ago, according to the mean estimate from 7 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Leonardo DRS Inc is for
earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Leonardo
DRS Inc
is $26.00​, below​ its last closing price of $28.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.11        0.11       0.14      Beat    29.6
 Dec. 31 2024  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
 ​​Jan.        0.05        0.05       0.07      Beat    31.3
 1 0001                                                 
 Jan. 1 0001   0.28        0.28       0.35      Beat    25​
 Jan. 1 0001   -0.01       0.06       -0.09     Missed  -244
 This summary was machine generated July 26 at 15:22 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)