Leonardo DRS is trading at $37.56, up 5.80%, after reporting third-quarter results above estimates and raising 2026 guidance.
- Third-quarter revenue was $1.1 billion and adjusted diluted EPS was $0.46, both beating estimates. The company raised its 2026 revenue, adjusted EBITDA, and adjusted EPS guidance.
- Record bookings of $1.6 billion and funded backlog of $5.6 billion added to the strong results.