Leonardo DRS 2024 Investor Day Highlights
Leonardo DRS, Inc. (DRS)
Company Research
Source: Business Wire
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, hosted its first investor day since its return to the public markets in November 2022. The event featured presentations from members of the executive leadership team who detailed the company’s differentiated portfolio, strategic priorities, operations and growth outlook.During the presentation, the company issued the following:Reaffirmation of 2024 guidance previously issued on February 27, 2024Initiation of a strong three-year framework (2024 - 2026) for revenue, adjusted EBITDA and free cash flow4% to 7% organic revenue growth~14% adjusted EBITDA margin* by 202680% to 90% conversion of adjusted net earnings to free cash flow*Targeted capital deployment of 75% to 100% of free cash flow towards value enhancing M&A with optimal net leverage of ~2x adjusted EBITDA*The company does not provide a reconciliation of forward-looking adjusted EBITDA, adjusted EBITDA marg
Show less
Read more
Impact Snapshot
Event Time:
DRS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DRS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DRS alerts
High impacting Leonardo DRS, Inc. news events
Weekly update
A roundup of the hottest topics
DRS
News
- Mid-infrared Lasers Market Projected to Reach $4.75 billion by 2030 - Exclusive Report by 360iResearch [Yahoo! Finance]Yahoo! Finance
- Leonardo DRS Recognized with Prestigious Award for Revolutionary Infrared Sensor [Yahoo! Finance]Yahoo! Finance
- Leonardo DRS Recognized with Prestigious Award for Revolutionary Infrared SensorBusiness Wire
- Leonardo DRS Schedules First Quarter 2024 Earnings Conference Call for May 1, 2024Business Wire
- Leonardo DRS Introduces New Mounted Form Factor Mission System to Address the U.S. Army's CMOSS Modernization Initiative [Yahoo! Finance]Yahoo! Finance
DRS
Earnings
- 2/27/24 - Beat
DRS
Sec Filings
- 4/9/24 - Form DEFA14A
- 4/5/24 - Form DEF
- 4/5/24 - Form DEFA14A
- DRS's page on the SEC website