Leonardo DRS reports Q1 EPS 14c, consensus 11c

Reports Q1 revenue $688M, consensus $642.86M. Reports Q1 bookings $815M…”Leonardo DRS delivered exceptional first quarter 2024 results, highlighted by solid bookings, robust double-digit organic growth, significant profit growth and margin expansion. This incredible start to the year continues to demonstrate the strength of our portfolio and is foundational to the confidence we have in our ability to deliver on our growth and margin expansion commitments. I am pleased with how our team continues to build on our market-leading positions by executing with excellence for our customers and driving innovation to help solve complex mission requirements,” said Bill Lynn, Chairman and CEO of Leonardo DRS.