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Leonardo DRS beats estimates, raises 2026 EPS guidance
['Sam Boughedda', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
The defense technology provider raised its full-year 2026 guidance for adjusted EBITDA to a range of $525 million to $540 million, up from the prior range of $515 million to $530 million.
The company also increased its adjusted diluted EPS guidance to $1.34 to $1.39, compared to the previous range of $1.26 to $1.30.
The midpoint of the new adjusted EBITDA guidance of $532.5 million represents an increase from the prior midpoint of $522.5 million.
Our results reflect disciplined execution and sustained demand for DRS's differentiated technologies," said John Baylouny, President and CEO of Leonardo DRS.
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