Leonardo DRS Inc expected to post earnings of 16  cents a share - Earnings Preview

Leonardo DRS

31/10/2023 18:40

* Leonardo DRS Inc  DRS.OQ   DRS.O  is expected to show a
rise in
quarterly revenue when it reports  results 
    * The Arlington Virginia-based  company is expected to
report  a
17.6% increase in revenue to $682.144 million from $580 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Leonardo DRS Inc is
for
earnings of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"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 $20​, above​ its last closing price of $18.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.28        0.28       0.35      Beat    25​
 ​​Jun.        -0.01       0.06       -0.09     Missed  -244
 30 2022                                                
 Mar. 31 2022  0.12        0.12       -0.01     Missed  -108.5
                                                        ​
 Dec. 31 2021  0.12        0.12       0.10      Missed  -18.4
 Sep. 30 2021  0.10        0.11       0.12      Beat    14.3
 This summary was machine generated October 31 at 18:40 GMT.  All
figures in US dollars  unless otherwise stated