Leidos Holdings, Inc. (LDOS) announced earnings for its second quarter that Increased from last year and beat the Street estimates.
The company's bottom line totaled $391 million, or $3.01 per share. This compares with $322 million, or $2.37 per share, last year.
Excluding items, Leidos Holdings, Inc. reported adjusted earnings of $417 million or $3.21 per share for the period.
Analysts on average had expected the company to earn $2.65 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.9% to $4.253 billion from $4.132 billion last year.
Leidos Holdings, Inc. earnings at a glance (GAAP) :
-Earnings: $391 Mln. vs. $322 Mln. last year.-EPS: $3.01 vs. $2.37 last year.-Revenue: $4.253 Bln vs. $4.132 Bln last year.
-Guidance:Full year EPS guidance: $11.15 - $11.45Full year revenue guidance: $17.00 - $17.25 Bln
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