November has traditionally been one of the best months for stocks. This year, it won’t be any different. Interest rate cuts and a rise in consumer outlays may trounce short-term gyrations in the stock market due to the upcoming presidential election. Thus, investors should capitalize on the positive trend by investing in earnings acceleration stocks.This is because studies have shown that most successful stocks have seen an acceleration in earnings before an uptick in the stock price. To that end, stocks li ...

Leonardo DRS, Inc. (DRS) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.S ...

Leonardo DRS, Inc. (NASDAQ:DRS) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Steve Vather - Senior Vice President, Investor Relations and Corporate Finance Bill Lynn - Chairman and Chief Executive Officer Mike Dippold - Chief Financial Officer Conference Call Participants Peter Arment - Baird Robert Stallard - Vertical Research Michael Ciarmoli - Truist Securities Seth Seifman - JP Morgan Ron Epstein - Bank of America Operator Ladies and gentlemen, good day, and welcome ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |------------------------------------------------------------------------------------|------------------------------------------| | For the transition period from _______ ...

Leonardo DRS, Inc. (DRS) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this company would post earnings of $0.13 per share when it actually produced earnings of $0.18, delivering a surprise of 38.46%. Over the last four quarters, the company ...

Leonardo DRS Announces Financial Results for Third Quarter 2024 • Revenue: $812 million, up 16% year-over-year • Net Earnings: $57 million, up 21% year-over-year • Adjusted EBITDA: $100 million, up 22% year-over-year • Diluted EPS: $0.21, up 17% year-over-year • Adjusted Diluted EPS: $0.24, up 20% year-over-year • Bookings: $1.1 billion (book-to-bill ratio of 1.3x) • Backlog: $8.3 billion, up 75% year-over-year • Raises 2024 guidance across all metrics • Initiates preliminary 2025 guidance framework ARLINGT ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, October 17th: H&R Block, Inc. (HRB) : This DIY tax return preparation services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.8% over the last 60 days. H&R Block has a PEG ratio of 0.93 compared with 1.08 for the industry. The company possesses a Growth Score of B. Unilever PLC (UL) : This This fast-moving consumer goods company c ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

Have you been paying attention to shares of Leonardo DRS, Inc. (DRS) ? Shares have been on the move with the stock up 8% over the past month. The stock hit a new 52-week high of $29.87 in the previous session. Leonardo DRS, Inc. has gained 48.2% since the start of the year compared to the 7.3% move for the Zacks Aerospace sector and the 29.3% return for the Zacks Aerospace - Defense Equipment industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as i ...