09:05 AM EDT, 05/01/2025 (MT Newswires) -- Leonardo DRS ( DRS ) reported Q1 adjusted earnings Thursday of $0.20 per diluted share, up from $0.14 a year earlier.

Analysts surveyed by FactSet expected $0.17.

Revenue for the quarter ended March 31 was $799 million, up from $688 million a year earlier.

Analysts surveyed by FactSet expected $736.7 million.

The company confirmed its 2025 adjusted EPS outlook of $1.02 to $1.08. Analysts polled by FactSet expect $1.07. Revenue for the year is projected to be $3.43 billion to $3.53 billion. Analysts polled by FactSet expect $3.48 billion.

Leonardo's shares rose 2.7% in recent Thursday premarket activity.

Price: 37.97, Change: +1.01, Percent Change: +2.74