Leidos Holdings shares are trading higher after the company reported better-than-expected Q3 EPS and sales and raised its FY24 revenue and EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
Leidos Holdings shares increased following a report of better-than-expected Q3 earnings per share (EPS) and sales. The company also raised its fiscal year 2024 revenue and EPS guidance.
October 29, 2024 | 10:44 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Leidos Holdings reported better-than-expected Q3 EPS and sales, leading to a rise in share prices. The company also increased its FY24 revenue and EPS guidance, indicating strong future performance.
The better-than-expected Q3 EPS and sales directly contributed to the rise in Leidos Holdings' share price. Additionally, the raised FY24 revenue and EPS guidance suggests confidence in future performance, which is likely to positively impact investor sentiment and stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100