Leonardo DRS (NASDAQ:DRS – Get Free Report) is expected to be announcing its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to post earnings of $0.3538 per share and revenue of $1.03 billion for the quarter. Parties can check the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 10:00 AM ET.
Leonardo DRS (NASDAQ:DRS – Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.27 by $0.08. The firm had revenue of $913.00 million for the quarter, compared to analysts’ expectations of $903.27 million. The business’s quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.23 EPS. On average, analysts expect Leonardo DRS to post $1.39 EPS for the current fiscal year and $1.46 EPS for the next fiscal year.
Leonardo DRS Stock Performance
DRS stock opened at $35.99 on Wednesday. Leonardo DRS has a 1-year low of $32.43 and a 1-year high of $50.59. The business has a 50-day moving average price of $37.00 and a 200 day moving average price of $42.22.
Leonardo DRS Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.0%. The ex-dividend date was Thursday, August 13th.
Insider Buying and Selling at Leonardo DRS
In related news, CFO Michael Dippold sold 20,317 shares of the business’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $37.18, for a total transaction of $755,386.06. Following the transaction, the chief financial officer directly owned 35,143 shares in the company, valued at $1,306,616.74. The trade was a 36.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jason Rinsky sold 3,864 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $45.81, for a total value of $177,009.84. Following the completion of the sale, the executive vice president directly owned 23,581 shares of the company’s stock, valued at approximately $1,080,245.61. This represents a 14.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.25% of the company’s stock.
Analyst Upgrades and Downgrades
DRS has been the topic of a number of research reports. Guggenheim began coverage on shares of Leonardo DRS in a research report on Monday, September 14th. They set a “buy” rating and a $51.00 target price on the stock. Weiss Ratings cut shares of Leonardo DRS from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, October 22nd. JPMorgan Chase & Co. increased their price objective on shares of Leonardo DRS from $48.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Morgan Stanley dropped their price objective on shares of Leonardo DRS from $47.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Friday, October 16th. Finally, Oppenheimer began coverage on shares of Leonardo DRS in a report on Thursday, October 22nd. They set an “outperform” rating and a $45.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $51.57.
Check Out Our Latest Analysis on DRS
Leonardo DRS Company Profile
Leonardo DRS, Inc is a defense technology company that develops and supplies advanced products and systems for the U.S. military and government customers, as well as allied nations. The company operates as a subsidiary of Leonardo S.p.A. and focuses on technologies used in land, sea, air and space-related defense applications.
Its offerings include sensing and surveillance systems, electro-optical and infrared technologies, radar and electronic warfare products, network computing and communications systems, counter-uncrewed aircraft systems, force protection equipment, and naval power and propulsion systems.
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