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Leonardo DRS, Inc. (DRS) Reports Q1 Earnings: What Key Metrics Have to Say

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For the quarter ended March 2026, Leonardo DRS, Inc. (DRS - Free Report) reported revenue of $846 million, up 5.9% over the same period last year. EPS came in at $0.26, compared to $0.20 in the year-ago quarter.

The reported revenue represents a surprise of +3.47% over the Zacks Consensus Estimate of $817.61 million. With the consensus EPS estimate being $0.21, the EPS surprise was +26.83%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Leonardo DRS, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenue- Integrated Mission Systems (IMS): $295 million compared to the $300.28 million average estimate based on two analysts. The reported number represents a change of +1.4% year over year.
  • Revenue- Advanced Sensing and Computing (ASC): $559 million compared to the $526.33 million average estimate based on two analysts. The reported number represents a change of +9.4% year over year.
  • Adjusted EBITDA- Integrated Mission Systems (IMS): $43 million versus the two-analyst average estimate of $42.58 million.
  • Adjusted EBITDA- Advanced Sensing and Computing (ASC): $62 million versus $51.86 million estimated by two analysts on average.

View all Key Company Metrics for Leonardo DRS, Inc. here>>>

Shares of Leonardo DRS, Inc. have returned -14.4% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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