Key Points Defense contractor Leonardo edged out earnings forecasts in Q3 and beat easily on sales. Leonardo also raised guidance through the end of this year. Priced near 40x earnings, Leonardo stock looks far from cheap. 10 stocks we like better than Leonardo DRS › Leonardo DRS (NASDAQ: DRS) stock sank 4.9% through 11:10 a.m. ET Wednesday despite beating earnings forecasts this morning. Heading into the Q3 report, analysts forecast the defense contractor would earn $0.28 per share, adjusted for ...