Leidos Holdings shares are trading higher after the company reported better-than-expected Q2 adjusted EPS and sales. Additionally, the company raised its FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Leidos Holdings shares are trading higher after the company reported better-than-expected Q2 adjusted EPS and sales. Additionally, the company raised its FY24 guidance.
July 30, 2024 | 10:45 am
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Leidos Holdings reported better-than-expected Q2 adjusted EPS and sales, and raised its FY24 guidance, leading to a rise in its share price.
The better-than-expected Q2 earnings and sales, along with the raised FY24 guidance, are positive indicators for Leidos Holdings, likely driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100