Leonardo DRS Inc expected to post earnings of 29 cents a share - Earnings Preview

Leonardo DRS

23/02/2024 19:11

* Leonardo DRS Inc  DRS.OQ   DRS.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The Arlington Virginia-based  company is expected to
report a
7.6% increase in revenue to $882.175 million from $820 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Leonardo DRS Inc is for
earnings of 29 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 $22.00​, above​ its last closing price of $21.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.28        0.28       0.35      Beat    25
 ​​                                                     
 Jun. 30 2022  -0.01       0.06       -0.09     Missed  -244​
 Mar. 31 2022  0.12        0.12       -0.01     Missed  -108.5
 Dec. 31 2021  0.12        0.12       0.10      Missed  -18.4
 This summary was machine generated February 23 at 19:11 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)