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Leonardo Drs Inc   (DRS)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods


 

Leonardo Drs Inc

DRS's Financial Statements and Analysis



Leonardo Drs Inc reported in the forth quarter of 2023 net earnings per share of $0.19 an increase by 22.45 % year on year from $0.15 and an improvement of 3.96 % from $0.18 realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.19 $  926 Mill
$+0.04     +22.45 % $+106M     +12.93 %



Leonardo Drs Inc 's Revenue rose by 12.93 % in forth quarter of 2023 (Dec 31 2023) year on year, to $926 million and advanced by 31.72 % sequentially.


Leonardo Drs Inc is

More on DRS's Income Statement



Leonardo Drs Inc 's net income of $74.000 million in the forth quarter of 2023 increased by 13.85 % from net earnings of $65.000 million achieved in IV. Quarter a year ago.

Sequentially net earnings grew by 57.45 % from net income of $47.000 million realized in previous quarter.

More on DRS's Growth

Leonardo Drs Inc Inventories
Inventories grew by 3.13 % to $329 million from IV. Quarter a year ago, sequentially inventories fell by -14.1 %. DRS's Cash flow In the forth quarter of 2023 company's net cash flow was $420 million, capital expenditures grew by -30-40.00%, to $-18 millions compare to same quarter a year ago

More on DRS's Cash flow Statement


Leonardo Drs Inc does not pay out common stock dividend.

In trailing twelve-month period Leonardo Drs Inc earned $ 0.78 cash per share, on a free-cash flow basis 141.99 % of net earning per share.

Book value grew by 3.15 % sequentially to $8.86 per share, -185.76% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 3.57 per share from $ 3.26.

Company issued 1.39 million shares or 0.53 % in Dec 31 2023.
Interest Coverage Ratio was 6.33. Debt Coverage Ratio was 0.46.

More on DRS's Dividends

 Market Capitalization (Millions) 5,736
 Shares Outstanding (Millions) 263
 Total Debt (Millions $) 406
 Revenue (TTM) (Millions $) 2,826
 Net Income (TTM) (Millions $) 168
 Cash Flow (TTM) (Millions $) 161
 Capital Exp. (TTM) (Millions $) -60
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 10,000




Leonardo Drs Inc does not pay out common stock dividend.

In trailing twelve-month period Leonardo Drs Inc had $ 0.78 cash flow per share, on a free-cash flow basis 141.99 % of net earning per share.

Book value grew by 3.15 % sequentially to $8.86 per share, -185.76% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 3.57 per share from $ 3.26.

Company issued 1.39 million shares or 0.53 % in Dec 31 2023.
Interest Coverage Ratio was 6.33. Debt Coverage Ratio was 0.46.

More on DRS's Balance Sheets

 Market Capitalization (Millions) 5,736
 Shares Outstanding (Millions) 263
 Total Debt (Millions $) 406
 Revenue (TTM) (Millions $) 2,826
 Net Income (TTM) (Millions $) 168
 Cash Flow (TTM) (Millions $) 161
 Capital Exp. (TTM) (Millions $) -60
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 10,000
   


  News about Leonardo Drs Inc Earnings

Leonardo DRS Inc Soars to New Heights with Impressive Revenue Growth in Q4 2023

Leonardo DRS Inc, a prominent defense technology company, has reported a significant improvement in revenue and income in the financial quarter ending December 31, 2023. The company announced a double-digit increase in revenue, which rose to $926.00 million, marking a year-on-year increase of 12.927% and a quarter-on-quarter surge of 31.721%. Additionally, income saw a substantial rise of 22.45% to $0.19 per share, with a sequential improvement of 3.96%.
These positive financial results have positioned Leonardo DRS Inc ahead of its peers in the Aerospace and Defense industry, with a top-line growth rate surpassing the average of other entities in the sector. The company's earnings for the fiscal year end...

Leonardo DRS Inc. Faces Sharp Earnings Decline Despite Strong Q3 Revenue Performance

Leonardo DRS Inc. Faces Earnings Decline in Q3 2023 but Shows Potential for Future Growth
, - Leonardo DRS Inc. (DRS), a prominent player in the Aerospace and Defense sector, experienced a decline in earnings per share (EPS) during the third quarter of the 2023 earnings season. Despite this setback, the company managed to demonstrate an admirable growth in revenue. The income plummeted by -90.63% to $0.18 per share, while revenue witnessed a significant boost of 10.883% to $703.00 million compared to the corresponding period in the previous year.
In an interesting turn of events, Leonardo DRS Inc. outshined its contemporaries in the Aerospace and Defense sector regarding top-line growth, making it a...

Leonardo DRS Inc. Marks Solid Achievement Amid Challenging Times: Reveals Astounding Resilience with Revenue Uplift in Q2 2023



Leonardo Drs Inc, a prominent player in the market, recently released its fiscal report for the period ending June 30, 2023. While the revenue displayed a marginal increase of 0.159%, the company experienced a significant decline in income by -23.53% compared to the previous reporting season. However, several interesting facts emerge from this report that shed light on the company's financial performance.
Revenue and Earnings per Share (EPS):
In the most recent fiscal period, Leonardo Drs Inc recorded revenue of $628.00 million, marking a rise of 10.369% from $569.00 million in the preceding reporting season. Despite this growth, the EPS of $0.13 failed to prevent a staggering income declin...

2 Market Optimism Persists Despite Sharp Decline in Earnings at Leonardo Drs Inc during Q1 2023

D...


Date modified: 2024-02-28T20:45:34+00:00





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