I I F ■ F Matteo Colombo Investment Thesis Leonardo DRS, Inc. (NASDAQ:DRS) is a provider of advanced defense technology to US national security customers and its allies globally. The company specializes in designing + manufacturing (i) advanced sensing, (ii) network computing, (iii) force protection, and (iv) electric power and propulsion systems. Its 2 main systems include: Advanced Sensing and Computing ("ASC"): advanced detection, precision targeting, surveillance sensing, and various intelligence system ...

For those looking to find strong Aerospace stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Leonardo DRS, Inc. (DRS) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Leonardo DRS, Inc. is one of 46 companies in the Aerospace group. The Aerospace group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in term ...

In February 2022, Russia escalated its war with Ukraine by invading and occupying parts of that country. Since that time, western powers, including the U.S., have pledged support with humanitarian and military aid. Some of that military aid pledged by the U.S. will result in increased efforts to replace equipment and consumables. We have received orders from the U.S. and allies to both provide equipment in support of this effort, and to replace equipment pledged. Business Environment The DoD budget is the l ...

Leonardo DRS, Inc. (NASDAQ:DRS) Q2 2024 Results Conference Call July 30, 2024 10:00 AM ET Company Participants Steve Vather - SVP, IR & Corporate Finance Bill Lynn - Chairman & CEO Mike Dippold - CFO Conference Call Participants Robert Stallard - Vertical Research Alex Ladd - JPMorgan Andre Madrid - BTIG Mariana Perez Mora - Bank of America Sam Struhsaker - Truist Securities Jon Tanwanteng - CJS Securities Jan-Frans Engelbrecht - Baird Operator Thank you for standing by. Welcome to Leonardo DRS Second Quart ...

Leonardo DRS, Inc. (DRS) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary ...

• 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 | --- | --- | --- | --- | --- | --- | --- | |------------------------------------- ...

The following growth stocks represent companies that have strong fundamentals. Further, these companies are likely to witness healthy revenue and EBITDA upside. Considering the growth outlook, valuations look attractive and fresh exposure can be considered at current levels. Source: Bumble Dee / Shutterstock.com After the big crash of 2022, growth stocks have staged a gradual recovery. The correction was in-sync with tight monetary policies as central banks globally focused on curbing inflation. However, wi ...

Ibotta (IBTA) Ibotta (NYSE:IBTA) is a relatively new listing and that's the reason for the stock remaining under-the-radar. After touching highs of $117, IBTA stock has corrected to current levels of $77. This is a golden opportunity to accumulate the stock considering the business potential. Considering the big market potential, it's likely that stellar growth will continue. I also see the likelihood of expansion outside the U.S. that will boost growth in the next few years. Source: Robert Way / Shuttersto ...

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 ...