Leonardo DRS (DRS) Projected to Release Earnings on Wednesday

Leonardo DRS (NASDAQ:DRS) will likely be announcing its Q2 2026 results before the market opens on Wednesday, July 29th. 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. Investors 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 posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.26 EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $825.05 million. During the same period in the previous year, the business posted $0.20 EPS. The company’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 Price Performance

Shares of NASDAQ:DRS opened at $48.45 on Tuesday. The company has a market cap of $12.92 billion, a PE ratio of 45.28, a P/E/G ratio of 3.47 and a beta of 0.36. Leonardo DRS has a fifty-two week low of $32.43 and a fifty-two week high of $50.59. The firm has a 50-day simple moving average of $45.46 and a 200 day simple moving average of $43.73. The company has a quick ratio of 1.52, a current ratio of 1.86 and a debt-to-equity ratio of 0.05.

Leonardo DRS Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 19th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Tuesday, May 19th. Leonardo DRS’s payout ratio is presently 33.64%.

Insider Buying and Selling at Leonardo DRS

In other Leonardo DRS news, SVP Pamela Morrow sold 11,545 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $45.13, for a total transaction of $521,025.85. Following the completion of the transaction, the senior vice president owned 10,551 shares in the company, valued at approximately $476,166.63. The trade was a 52.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Reuben Jeffery III purchased 25,000 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was acquired at an average cost of $42.77 per share, with a total value of $1,069,250.00. Following the purchase, the director owned 25,000 shares of the company’s stock, valued at approximately $1,069,250. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders sold 65,364 shares of company stock valued at $2,994,785. 0.25% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Leonardo DRS

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Millennium Management LLC increased its stake in Leonardo DRS by 152.1% during the 3rd quarter. Millennium Management LLC now owns 1,776,185 shares of the company’s stock valued at $80,639,000 after buying an additional 1,071,708 shares during the period. AQR Capital Management LLC raised its position in shares of Leonardo DRS by 528.6% during the 3rd quarter. AQR Capital Management LLC now owns 1,273,444 shares of the company’s stock worth $56,000,000 after buying an additional 1,070,870 shares in the last quarter. UBS Group AG lifted its stake in shares of Leonardo DRS by 566.2% in the 3rd quarter. UBS Group AG now owns 711,588 shares of the company’s stock worth $32,306,000 after acquiring an additional 604,783 shares during the period. Bank of America Corp DE lifted its stake in shares of Leonardo DRS by 64.6% in the 2nd quarter. Bank of America Corp DE now owns 1,251,415 shares of the company’s stock worth $58,166,000 after acquiring an additional 491,158 shares during the period. Finally, Deutsche Bank AG boosted its holdings in shares of Leonardo DRS by 203.7% in the fourth quarter. Deutsche Bank AG now owns 530,899 shares of the company’s stock valued at $18,098,000 after acquiring an additional 356,067 shares in the last quarter. 18.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

DRS has been the subject of several recent research reports. Weiss Ratings raised Leonardo DRS from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. Canaccord Genuity Group raised their price target on Leonardo DRS from $52.00 to $54.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Wall Street Zen upgraded Leonardo DRS from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Finally, Truist Financial upgraded Leonardo DRS to a “strong-buy” rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Leonardo DRS 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.