Leidos Holdings Q2 Adj EPS $1.80 Beats $1.55 Estimate, Sales $3.84B Beat $3.73B Estimate
Portfolio Pulse from Benzinga Newsdesk
Leidos Holdings (NYSE:LDOS) reported Q2 earnings of $1.80 per share, beating the analyst consensus estimate of $1.55 by 16.13%. This is a 13.21% increase from the same period last year. The company also reported quarterly sales of $3.84 billion, beating the analyst consensus estimate of $3.73 billion by 3.01%. This is a 6.70% increase from the same period last year.
August 01, 2023 | 10:06 am
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POSITIVE IMPACT
Leidos Holdings reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Leidos Holdings reported Q2 earnings and sales that beat analyst estimates. This is generally seen as positive news that could drive the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100