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.Parties that wish to listen to the company’s 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. The company had revenue of $926.00 million for the quarter, compared to the consensus estimate of $880.03 million. Leonardo DRS had a return on equity of 8.72% and a net margin of 5.94%. The firm’s revenue was up 12.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.35 EPS. 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 Stock Up 1.7 %
Shares of NASDAQ:DRS opened at $21.31 on Wednesday. The company has a market capitalization of $5.60 billion, a price-to-earnings ratio of 33.30, a P/E/G ratio of 3.06 and a beta of 0.80. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.78 and a quick ratio of 1.47. The business’s 50-day moving average is $21.72 and its 200-day moving average is $20.08. Leonardo DRS has a 1 year low of $14.12 and a 1 year high of $24.00.
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About Leonardo DRS
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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