Leidos Holdings, Inc.’s (LDOS) first-quarter 2024 adjusted earnings of $2.29 per share beat the Zacks Consensus Estimate of $1.65 by 38.8%. The bottom line also increased 55.8% from $1.47 registered in the prior-year quarter.The year-over-year upside was driven by increased volumes of fixed-rate managed health services and improved cost control across the company.LDOS reported GAAP earnings of $2.07 per share, up from the prior-year quarter’s level of $1.17.Total RevenuesLeidos Holdings generated total reve ...

EXHIBIT 99.1 Leidos Holdings, Inc. Reports First Quarter Fiscal Year 2024 Results RESTON, Va., April 30, 2024 – Leidos Holdings, Inc. (NYSE: LDOS), a FORTUNE 500 innovation company, today reported financial results for the first quarter of fiscal year 2024. ® Thomas Bell, Leidos Chief Executive Officer, commented, "Our strong start to the year demonstrates the team's ability to deliver for its employees, customers, and shareholders. With greater visibility around customer funding and performance ahead of pl ...

Leidos (LDOS) closed the most recent trading day at $130.36, moving +0.37% from the previous trading session. The stock lagged the S&P 500's daily gain of 1.02%. At the same time, the Dow added 0.4%, and the tech-heavy Nasdaq gained 2.03%.Shares of the security and engineering company have depreciated by 0.92% over the course of the past month, outperforming the Aerospace sector's loss of 6.16% and the S&P 500's loss of 3.15%.Market participants will be closely following the financial results of Leidos in i ...

RESTON, Va., April 26, 2024 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE:LDOS) today announced that its Board of Directors has declared a quarterly cash dividend of $0.38 per outstanding share of common stock of Leidos Holdings, Inc. The cash dividend is payable on June 28, 2024, to stockholders of record as of the close of business on June 14, 2024. About Leidos Leidos is a Fortune 500® innovation company rapidly addressing the world's most vexing challenges in national security and health. The company's gl ...

Leidos (LDOS) ended the recent trading session at $128.90, demonstrating a +0.17% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.02%. On the other hand, the Dow registered a loss of 0.11%, and the technology-centric Nasdaq increased by 0.1%.Coming into today, shares of the security and engineering company had lost 0.53% in the past month. In that same time, the Aerospace sector lost 5.88%, while the S&P 500 lost 3.01%.Analysts and investo ...

Leidos (LDOS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this security and engineering company have returned -0.5%, compared to the Zacks S&P 500 composite's -3% change. During this period, the Zacks Aerospace - Defense industry, which Leidos falls in, has lost 8%. The key question now is: What could be the stock's future direction?Although me ...

The market expects Leidos (LDOS) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Ap ...

The most recent trading session ended with Leidos (LDOS) standing at $123.76, reflecting a -0.48% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.22%. Elsewhere, the Dow gained 0.06%, while the tech-heavy Nasdaq lost 0.52%.The security and engineering company's shares have seen a decrease of 2.75% over the last month, surpassing the Aerospace sector's loss of 4.97% and falling behind the S&P 500's loss of 1.66%.Market participants will be closely following th ...

Geopolitical tensions lately heightened in the Middle East after Israel vowed to counterattack if Iran hit back due to a lethal airstrike on the Iranian Consulate in Syria. However, Iran overlooked the threat and launched an unprecedented payback attack on Israel.Israel’s overwhelming war against Hamas in Gaza has already led to a humanitarian crisis. Several people are on the verge of famishment in the hard-hit northern Gaza, while Israel’s offensive ground attacks have taken several lives. The war began i ...

RESTON, Va., April 15, 2024 /PRNewswire/ -- Leidos (NYSE:LDOS), a Fortune 500® innovation leader, was recently awarded a follow-on prime contract to provide the U.S. Army with technology-enabled services, including hardware sustainment, modernization, refresher training, and logistics support. The Responsive Strategic Sourcing for Services (RS3), indefinite delivery/indefinite quantity (IDIQ) task order, has a base period of 11 months, and a maximum value of $267 million, if all four one-year options are ex ...