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Leidos Holdings, Inc. Q3 Profit Increases, Beats Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Leidos Holdings, Inc. (LDOS) revealed earnings for its third quarter that Increased from last year and beat the Street estimates.

The company's earnings came in at $367 million, or $2.82 per share. This compares with $364 million, or $2.68 per share, last year.

Excluding items, Leidos Holdings, Inc. reported adjusted earnings of $397 million or $3.05 per share for the period.

Analysts on average had expected the company to earn $2.72 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 6.7% to $4.469 billion from $4.190 billion last year.

Leidos Holdings, Inc. earnings at a glance (GAAP) :

-Earnings: $367 Mln. vs. $364 Mln. last year.
-EPS: $2.82 vs. $2.68 last year.
-Revenue: $4.469 Bln vs. $4.190 Bln last year.

-Guidance:
Full year EPS guidance: $11.45 - $11.75
Full year revenue guidance: $17.00 - $17.25 Bln

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