Leonardo DRS (DRS) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.46
- Estimate
- $0.35
- Surprise
- +30.9%
- Revenue (period 2026-09-30)
- $1.07B
- Score at report (before → after)
- 6.3 → 6.3/10
Revenue source: xbrl.
How the report landed
Leonardo DRS (DRS) beat the $0.35 estimate with adjusted EPS of $0.46 — a large 30.9% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.3/10) to Hold at 6.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates DRS Hold at 6.3/10.
4 of the last 4 quarters beat the estimate; this quarter's +30.9% surprise compares with a +24.8% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
- Positive news sentiment (+0.90)
What argues against it
- Concentration risk — Customer: U.S. government (80.0%)
- Concentration risk — Supplier: sole-source component suppliers
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.2)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $39.64
- Price target
- $45.67
- Stop
- $36.88
- Upside to target
- +15.2%
- Reward-to-risk
- 1.0:1
The stock trades at 33.3× trailing but 26.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 1.9× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
DRS at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Aerospace & Defense
- Market cap
- $10.58B
- P/E (fwd)
- 26.8
- P/E (ttm)
- 33.3
- 52-week range
- $32.43–$50.59
- Off 52-week high
- 21.6%
- RSI (14)
- 67
- Volume vs avg
- 1.94×
- Score today
- 6.3/10