Leonardo DRS up on strong 2025 forecast

Leonardo DRS

20/02/2025 16:40

** Shares of defense co Leonardo DRS  DRS.O  up 3.6% at
$30.59
    ** Co forecasts 2025 revenue range of $3.43 bln - $3.53 bln
and Adj EPS range of $1.02 - $1.08 - above analyst estimate of
$3.42 bln and $1.06, respectively, according to data compiled by
LSEG
    ** Co posts Q4 revenue of $981 mln and adjusted EPS of $0.38
- above analyst estimates of $942.2 mln and $0.35, respectively
    ** Board authorizes stock repurchase program for up to $75
mln
    ** Stock gained ~61.2% in 2024; stock down 3.7% YTD




 (Reporting by Subiksha S in Bengaluru)
 ((Subiksha.S@thomsonreuters.com;))