Leonardo DRS Earnings Beat Expectations at $0.02, Profit Exceeds Forecasts

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Leonardo DRS Earnings Beat Expectations at $0.02, Profit Exceeds Forecasts

According to Leonardo DRS's report for the third quarter, earnings per share were $0.24, beating analysts' expectations of $0.22 by $0.02. The reported revenue for the quarter was $812 million, while analyst expectations were $748.57 million.

Leonardo DRS stock closed the day at $28.40, indicating a 7.13% gain over the past three months. The stock has increased by 72.57% over the last 12 months. In the past 90 days, Leonardo DRS experienced 3 positive earnings per share and 4 negative earnings per share.

Check here how Leonardo DRS's stock price reacted to past earnings reports. According to InvestingPro, Leonardo DRS has a financial health score rating of "Fairly Good Performance."

Review the latest earnings reports and all financial information for Leonardo DRS here. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.