Leonardo DRS (NASDAQ:DRS) Announces Quarterly Earnings Results
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3 Articles
Leonardo DRS (NASDAQ:DRS) Announces Quarterly Earnings Results
Leonardo DRS (NASDAQ:DRS - Get Free Report) released its earnings results on Thursday. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.11. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.03 billion. Leonardo DRS had a net margin of 8.52% and a return on equity of 12.97%. The company's revenue was up 11.0% compared to the same quart…
Leonardo DRS lifts forecast as backlog hits record $5.6 billion
Leonardo DRS raised its full-year 2026 forecast on October 29 after reporting third-quarter revenue of $1.066 billion, up 11% from a year earlier, as demand for tactical radars, naval power and propulsion systems and space sensors drove the gain. Orders grew even faster than sales, with the Arlington, Virginia-based defense electronics maker booking $1.64 billion […]
Broad Strength Powers Leonardo DRS To Higher Earnings And Sales In Third Quarter
Leonardo DRS [DRS] on Thursday posted double-digit top and bottom-line gains in the third quarter due to strength across its operating segments. Net income rose 60 percent to $115 million, […]
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