Recap: Leidos Q2 Earnings

Shares of Leidos Holdings LDOS moved higher by 1.7% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 33.62% year over year to $1.55, which beat the estimate of $1.08.

Revenue of $2,914,000,000 up by 6.82% year over year, which missed the estimate of $3,020,000,000.

Outlook

The upcoming fiscal year's EPS expected to be between $5.25 and $5.55.

The upcoming fiscal year's revenue expected to be between $12,200,000,000 and $12,600,000,000.

Details Of The Call

Date: Aug 04, 2020

Time: 08:00 AM

ET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/ldos/mediaframe/39057/indexl.html

Technicals

52-week high: $125.84

Company's 52-week low was at $68.00

Price action over last quarter: Up 2.89%

Company Description

Leidos Holdings Inc is engaged in scientific, engineering, system integration, technical services, and solutions to various government entities and highly regulated industries, including the U.S. Department of Defense, Intelligence Community and the British Ministry of Defense. Areas of focus include intelligence and surveillance, cybersecurity, complex logistics, energy, and health.