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

Core Viewpoint - Leonardo DRS, Inc. reported quarterly earnings of $0.29 per share, exceeding the Zacks Consensus Estimate of $0.28 per share, and showing an increase from $0.24 per share a year ago, indicating a positive earnings surprise of +3.57% [1] Financial Performance - The company achieved revenues of $960 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.78%, and up from $812 million in the same quarter last year [2] - Over the last four quarters, Leonardo DRS has consistently exceeded consensus EPS estimates [2] Stock Performance - Leonardo DRS shares have increased approximately 24.4% since the beginning of the year, outperforming the S&P 500's gain of 17.2% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.40 for the coming quarter and $1.11 for the current fiscal year, alongside projected revenues of $1.03 billion and $3.59 billion respectively [7] - The estimate revisions trend for Leonardo DRS was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Aerospace - Defense Equipment industry, to which Leonardo DRS belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, indicating potential challenges ahead [8]