Leidos Holdings Q4 Adj EPS $1.99 Beats $1.74 Estimate, Sales $3.98B Beat $3.80B Estimate
Portfolio Pulse from Benzinga Newsdesk
Leidos Holdings (NYSE:LDOS) reported Q4 adjusted EPS of $1.99, surpassing the $1.74 estimate, and sales of $3.98B, exceeding the $3.80B estimate. This represents an 8.74% increase in earnings and a 7.65% increase in sales from the same period last year.
February 13, 2024 | 11:02 am
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Leidos Holdings reported a strong Q4 with adjusted EPS of $1.99 and sales of $3.98B, both surpassing analyst estimates. This indicates a solid performance and growth compared to the same period last year.
Leidos Holdings' Q4 earnings and sales not only surpassed analyst expectations but also showed significant growth from the previous year. This positive performance is likely to instill investor confidence and could lead to a short-term uptick in LDOS stock price, given the better-than-expected financial results.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100