Leonardo DRS Inc reports results for the quarter ended December 31 - Earnings Summary

Leonardo DRS

20/02/2025 14:32

* Leonardo DRS Inc  DRS.OQ  reported quarterly adjusted
earnings
of 38 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of 31 cents.  The mean expectation of
eight analysts for the quarter was for earnings of 35 cents per
share. Wall Street expected results to range from 34 cents to 37
cents per share.
    * Revenue rose 5.9% to $981.00 million from a year ago;
analysts
expected $942.18 million. 
    * Leonardo DRS Inc's reported EPS for the quarter was 33
cents​.
    * The company reported quarterly net income of $89 million.
    * Leonardo DRS Inc shares had fallen by 8.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the aerospace &
defense
peer group is also "buy"

Wall Street's median 12-month price target for Leonardo DRS Inc
is $37.50 
This summary was machine generated from LSEG data February 20 at
02:32 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.35           0.38           Beat
 Sep. 30 2024      0.20           0.24           Beat
 Jun. 30 2024      0.14           0.18           Beat
 Mar. 31 2024      0.11           0.14           Beat