Here is how Leonardo DRS, Inc. (DRS) and Embraer (ERJ) have performed compared to their sector so far this year.
DRS is a good stock to invest in the aerospace-defense equipment industry, given its long-run growth prospects, strong debt position and rising backlog.
Here is how Leonardo DRS, Inc. (DRS) and Mercury Systems (MRCY) have performed compared to their sector so far this year.
Here is how Leonardo DRS, Inc. (DRS) and Mercury Systems (MRCY) have performed compared to their sector so far this year.
Does Leonardo DRS, Inc. (DRS) have what it takes to be a top stock pick for momentum investors? Let's find out.
DRS makes a strong case for investment in the aerospace-defense equipment industry, given its long-run growth prospects, better debt position and rising backlog.
Here is how Leonardo DRS, Inc. (DRS) and L3Harris (LHX) have performed compared to their sector so far this year.
Leonardo DRS is rated a Strong Buy due to defense spending tailwinds, improving margins, and expected double-digit EPS growth in 2025 and 2026. The company specializes in advanced sensing, network computing, and propulsion technologies, with 80% of its revenue from the U.S. Defense Department. Despite competitive challenges, Leonardo's sole-source contracts and intellectual property provide a narrow to medium moat.
Stocks like Snap, GeneDx Holdings and Leonardo DRS exhibit solid earnings acceleration.
Leonardo DRS, Inc. (DRS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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 to the Leonardo DRS Third Quarter Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
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.