Earnings Outlook For Leonardo DRS

Leonardo DRS DRS is set to give its latest quarterly earnings report on Tuesday, 2024-02-27. Here's what investors need to know before the announcement.

Analysts estimate that Leonardo DRS will report an earnings per share (EPS) of $0.29.

Leonardo DRS bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.04, which was followed by a 0.86% increase in the share price the next day.

Here's a look at Leonardo DRS's past performance and the resulting price change:

Stock Performance

Shares of Leonardo DRS were trading at $21.26 as of February 23. Over the last 52-week period, shares are up 62.31%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Leonardo DRS visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.