Leonardo DRS, Inc. (DRS) Surpasses Q3 Earnings and Revenue Estimates

分组1 - Leonardo DRS, Inc. reported quarterly earnings of $0.24 per share, exceeding the Zacks Consensus Estimate of $0.20 per share, and showing an increase from $0.20 per share a year ago, resulting in an earnings surprise of 20% [1] - The company achieved revenues of $812 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 4.66%, and up from $703 million in the same quarter last year [2] - Leonardo DRS has consistently outperformed consensus EPS estimates over the last four quarters, achieving this four times [2] 分组2 - The stock has gained approximately 41.7% since the beginning of the year, compared to the S&P 500's gain of 22.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.34 on revenues of $931.47 million, and for the current fiscal year, it is $0.86 on revenues of $3.15 billion [7] - The Zacks Industry Rank for Aerospace - Defense Equipment is currently in the bottom 34% of over 250 Zacks industries, indicating potential challenges for stock performance [8]