Leidos Holdings Raised FY23 Revenue Guide To $14.9B-$15.2B (Prior $14.7B-$15.1B) Vs $15.02B Est, Reiterated FY23 Adj EPS $6.40-$6.80 Vs $6.53 Est
Portfolio Pulse from Benzinga Newsdesk
Leidos Holdings has increased its FY23 revenue guidance to $14.9B-$15.2B, up from the previous $14.7B-$15.1B. The company also reiterated its FY23 adjusted EPS at $6.40-$6.80. The new revenue guidance is slightly below the estimated $15.02B, while the EPS is in line with the estimated $6.53.
August 01, 2023 | 10:10 am
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Leidos Holdings has raised its FY23 revenue guidance, which is slightly below the estimated $15.02B. The company's FY23 adjusted EPS is in line with the estimated $6.53.
Leidos Holdings has raised its revenue guidance for FY23, which is a positive sign. However, the new guidance is slightly below the estimated $15.02B, which might have a neutral impact on the stock. The company's FY23 adjusted EPS is in line with the estimated $6.53, which is also a neutral factor.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100