Leonardo DRS (NASDAQ:DRS – Get Free Report) is set to issue its quarterly earnings data before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.11 per share for the quarter. Leonardo DRS has set its FY24 guidance at $0.74-0.82 EPS and its FY 2024 guidance at 0.740-0.820 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.
Leonardo DRS (NASDAQ:DRS – Get Free Report) last announced its quarterly earnings data on Tuesday, February 27th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. The firm had revenue of $926.00 million during the quarter, compared to analyst estimates of $880.03 million. Leonardo DRS had a return on equity of 8.72% and a net margin of 5.94%. The company’s revenue was up 12.9% on a year-over-year basis. During the same period last year, the company earned $0.35 earnings per share. On average, analysts expect Leonardo DRS to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Leonardo DRS Price Performance
Leonardo DRS stock opened at $21.67 on Monday. The company has a current ratio of 1.78, a quick ratio of 1.47 and a debt-to-equity ratio of 0.15. The business has a 50-day moving average of $21.75 and a 200-day moving average of $20.15. Leonardo DRS has a 1 year low of $14.12 and a 1 year high of $24.00. The firm has a market capitalization of $5.69 billion, a P/E ratio of 33.86, a PEG ratio of 3.16 and a beta of 0.80.
Wall Street Analyst Weigh In
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Leonardo DRS Company Profile
Leonardo DRS, Inc, together with its subsidiaries, provides defense electronic products and systems, and military support services. It operates through Advanced Sensing and Computing (ASC) segment, and Integrated Mission Systems (IMS) segments. The ASC segment designs, develops, and manufacture sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision making and execution; and offers sensing capabilities span applications, such as missions requiring advanced detection, precision targeting and surveillance sensing, long range electro-optic/infrared, signals intelligence, and other intelligence systems including electronic warfare, ground vehicle sensing, active electronically scanned array tactical radars, dismounted soldier, and space sensing.
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