• Revenue: $753 million, up 20% year-over-year • Net Earnings: $38 million, up 9% year-over-year • Adjusted EBITDA: $82 million, up 32% year-over-year • Diluted EPS: $0.14, up 8% year-over-year • Adjusted Diluted EPS: $0.18, up 20% year-over-year • Bookings: $941 million (book-to-bill ratio of 1.2x) • Backlog: $7.9 billion, up 82% year-over-year • Increases 2024 guidance across metrics CEO Commentary Summary Financial Results | --- | --- | --- | --- | --- | --- | --- | |------------------------------------- ...

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What do the Analysts Think? What is Implied Volatility? Clearly, options traders are pricing in a big move for Leonardo DRS shares, but what is the fundamental picture for the company? Currently, Leonardo DRS is a Zacks Rank #3 (Hold) in the Aerospace - Defense Equipment industry that ranks in the Top 23% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while two analysts have revised their estimates downward. The net effect has ...

guvendemir/E+ via Getty Images Room to Grow Leonardo DRS (NASDAQ:DRS) stock steadily climbed in price from about $9.70 to near $23 per share since the all-stock purchase in June '22 of Israeli military technology developer and manufacturer Rada Electronic Industries. Our buy rating assessment of Leonardo DRS stock for retail value investors is justified by more aerospace and defense spending, the DRS outlook for growth and profitability, and the stock's valuation. The company's potential to top $26 per shar ...

Leonardo DRS, Inc. (NASDAQ:DRS) Q1 2024 Earnings Conference Call May 1, 2024 10:00 AM ET Company Participants Steve Vather - SVP, IR & Corporate Finance Bill Lynn - Chairman & CEO Mike Dippold - CFO Conference Call Participants Peter Arment - Baird Robert Stallard - Vertical Research Seth Seifman - JPMorgan Mariana Perez Mora - Bank of America Samuel Struhsaker - Truist Securities Jonathan Tanwanteng - CJS Securities Operator Ladies and gentlemen, good day, and welcome to Leonardo DRS First Quarter Fiscal Y ...

米 LEONARDO DRS Q1 | 2024 Disclaimers In this presentation, when using the terms the "company," "DRS," "we," "us" and "our," unless otherwise indicated or the context otherwise requires, we are referring to Leonardo DRS, Inc. This presentation contains forward-looking statements and cautionary statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some of the forward-looking statements can be identified by the use of forward-looking terms such as "believes," "expects," "may," ...

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 March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 001-41565 Leonardo DRS, Inc. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Inc ...

Leonardo DRS, Inc. (DRS) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 27.27%. A quarter ago, it was expected that this company would post earnings of $0.30 per share when it actually produced earnings of $0.31, delivering a surprise of 3.33%.Over the last four quarters, the company ...

Leonardo DRS Announces Financial Results for First Quarter 2024 ARLINGTON, Va., (BUSINESS WIRE) May 1, 2024 — Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the first quarter 2024, which ended March 31, 2024. CEO Commentary "Leonardo DRS delivered exceptional first quarter 2024 results, highlighted by solid bookings, robust double- digit organic growth, significant profit growth and margin expansion. This incredible start to the ye ...