Leonardo DRS (DRS) Projected to Announce Quarterly Earnings on Thursday

Leonardo DRS (NASDAQ:DRS) will likely be announcing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Leonardo DRS to announce earnings of $0.27 per share and revenue of $902.1480 million for the quarter. Leonardo DRS has set its FY 2026 guidance at 1.260-1.300 EPS. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

Leonardo DRS (NASDAQ:DRS) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.05. Leonardo DRS had a net margin of 7.85% and a return on equity of 12.02%. The business had revenue of $846.00 million for the quarter, compared to analysts’ expectations of $825.05 million. During the same quarter in the prior year, the company earned $0.20 earnings per share. The business’s quarterly revenue was up 5.9% on a year-over-year basis. On average, analysts expect Leonardo DRS to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Leonardo DRS Trading Up 1.0%

NASDAQ DRS opened at $45.91 on Thursday. The firm has a 50 day simple moving average of $45.11 and a 200-day simple moving average of $43.48. The firm has a market cap of $12.25 billion, a price-to-earnings ratio of 42.91, a PEG ratio of 3.28 and a beta of 0.36. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.52 and a current ratio of 1.86. Leonardo DRS has a one year low of $32.43 and a one year high of $50.59.

Leonardo DRS Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 19th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, May 19th. Leonardo DRS’s payout ratio is presently 33.64%.

Insider Transactions at Leonardo DRS

In other Leonardo DRS news, SVP Pamela Morrow sold 11,545 shares of Leonardo DRS stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $45.13, for a total value of $521,025.85. Following the sale, the senior vice president owned 10,551 shares of the company’s stock, valued at approximately $476,166.63. The trade was a 52.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO John Baylouny sold 36,471 shares of Leonardo DRS stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $45.67, for a total value of $1,665,630.57. Following the completion of the sale, the chief executive officer owned 122,435 shares in the company, valued at approximately $5,591,606.45. This trade represents a 22.95% decrease in their ownership of the stock. 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. Insiders have sold 65,364 shares of company stock valued at $2,994,785 over the last 90 days. Insiders own 0.25% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in DRS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Leonardo DRS by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,817 shares of the company’s stock worth $1,441,000 after purchasing an additional 1,922 shares in the last quarter. Millennium Management LLC grew its holdings in Leonardo DRS by 29.0% in the first quarter. Millennium Management LLC now owns 369,749 shares of the company’s stock valued at $12,157,000 after purchasing an additional 83,077 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Leonardo DRS by 9.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,474 shares of the company’s stock valued at $4,882,000 after buying an additional 12,712 shares in the last quarter. Intech Investment Management LLC increased its position in shares of Leonardo DRS by 18.6% in the first quarter. Intech Investment Management LLC now owns 48,560 shares of the company’s stock valued at $1,597,000 after buying an additional 7,625 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of Leonardo DRS during the 1st quarter worth $225,000. 18.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DRS has been the subject of a number of analyst reports. Bank of America boosted their price objective on Leonardo DRS from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Canaccord Genuity Group upped their price target on Leonardo DRS from $52.00 to $54.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Truist Financial upgraded shares of Leonardo DRS to a “strong-buy” rating in a research note on Friday, May 1st. Wall Street Zen raised shares of Leonardo DRS from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Finally, Weiss Ratings cut Leonardo DRS from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $53.75.

About Leonardo DRS

Leonardo DRS is a U.S.-based defense technology company and wholly owned subsidiary of Italy’s Leonardo S.p.A. The firm specializes in developing and integrating mission-critical systems for military and government customers, with a primary focus on command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR). Its core offerings encompass advanced sensors, targeting systems, radars and electronic warfare solutions designed to enhance situational awareness and operational effectiveness across land, sea and air domains.

The company’s portfolio includes naval combat management systems, unmanned vehicle sensors, power generation and distribution equipment, and training and simulation solutions.