Leonardo DRS Inc reports results for the quarter ended June 30 - Earnings Summary
Leonardo DRS Inc reports results for the quarter ended June 30 - Earnings Summary
Leonardo DRS Inc DRS.OQ reported quarterly adjusted earnings of 35 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of ten analysts for the quarter was for earnings of 27 cents per share. Wall Street expected results to range from 26 cents to 28 cents per share.
Revenue rose 10.1% to $913.00 million from a year ago; analysts expected $902.14 million.
Leonardo DRS Inc's reported EPS for the quarter was 32 cents.
The company reported quarterly net income of $86 million.
Leonardo DRS Inc shares had risen by 9.1% this quarter and gained 36.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.5% 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 9 "strong buy" or "buy," 2 "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 $55.00, about 15.4% above its last closing price of $46.54
This summary was machine generated from LSEG data July 30 at 06:01 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 |
Jun. 30 2026 | 0.27 | 0.35 | Beat |
Mar. 31 2026 | 0.20 | 0.26 | Beat |
Dec. 31 2025 | 0.37 | 0.42 | Beat |
Sep. 30 2025 | 0.28 | 0.29 | Beat |
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Leonardo DRS Inc reports results for the quarter ended June 30 - Earnings Summary