Leonardo DRS is trading at $39.02, up 9.93%, after third-quarter results beat analyst expectations and management raised its 2026 guidance.

  • Revenue was $1.1 billion and adjusted diluted EPS was $0.46, versus analyst expectations of $1.03 billion and $0.35, respectively.
  • Record bookings of $1.6 billion and funded backlog of $5.6 billion accompanied the results. Management raised its 2026 revenue and adjusted EPS guidance.