RESTON, Va., Oct. 30, 2024 /PRNewswire/ -- Leidos (NYSE:LDOS) announced today a new contract to provide critical supply support for weapons systems that keep the U.S. Navy and Marine Corps forces missionready. The Technical Assistance for Repairables Processing (TARP) contract was awarded by the Naval Supply Systems Command (NAVSUP) Fleet Logistics Center, supporting NAVSUP's Weapon Systems Support (WSS). The contract has a base period of performance of one year with four one-year options and one six-month ...

Powered by new defense contract wins, Leidos just delivered a strong beat-and-raise quarter. Leidos (LDOS 8.87%) stock is posting big gains Tuesday following the publication of the company's thirdquarter results. The company's share price was up 9.6% as of noon ET. Leidos published its third-quarter results before the market opened today, and results in the period received a bullish response from investors. In addition to strong Q3 numbers, the company also raised its full-year sales and earnings targets. L ...

Leidos Holdings, Inc.'s (LDOS) third-quarter 2024 adjusted earnings of $2.93 per share beat the Zacks Consensus Estimate of $1.96 by 49.5%. The bottom line also increased 44.3% from $2.03 registered in the prior-year quarter. The year-over-year upside was driven by increased volumes on managed health services programs and improved program execution and cost control across the company. LDOS reported GAAP earnings of $2.68 per share, implying a significant improvement from the prior-year loss of $2.91 per sha ...

Leidos Holdings, Inc. (NYSE:LDOS) Q3 2024 Earnings Conference Call October 29, 2024 8:00 AM ET Company Participants Stuart Davis - Investor Relations Tom Bell - Chief Executive Officer Chris Cage - Chief Financial Officer Conference Call Participants Peter Arment - Baird Sheila Kahyaoglu - Jefferies Tobey Sommer - Truist Securities Mariana Perez Mora - Bank of America Cai von Rumohr - TD Cowen Scott Mikus - Melius Research Noah Poponak - Goldman Sachs Seth Seifman - JPMorgan Ken Herbert - RBC Capital Market ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 27, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-33072 Leidos Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 20-3562868 (State or other juris ...

Leidos (LDOS) reported $4.19 billion in revenue for the quarter ended September 2024, representing a yearover-year increase of 6.9%. EPS of $2.93 for the same period compares to $2.03 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $4.04 billion, representing a surprise of +3.59%. The company delivered an EPS surprise of +49.49%, with the consensus EPS estimate being $1.96. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

Leidos (LDOS) came out with quarterly earnings of $2.93 per share, beating the Zacks Consensus Estimate of $1.96 per share. This compares to earnings of $2.03 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 49.49%. A quarter ago, it was expected that this security and engineering company would post earnings of $2.26 per share when it actually produced earnings of $2.63, delivering a surprise of 16.37%. Over the last four quart ...

EXHIBIT 99.1 Three Months Ended Leidos Reports Strong Third Quarter 2024 Results and Raises Full-Year Guidance • Revenues of $4.2 billion, up 7% year-over-year • Net income of $362 million or $2.68 per diluted share • Adjusted EBITDA (non-GAAP) of $596 million (14.2% margin) • Non-GAAP Diluted Earnings per Share of $2.93, up 44% year-over-year • Cash Flows from Operations of $656 million; Free Cash Flow (non-GAAP) of $633 million • Net Bookings of $8.1 billion (book-to-bill ratio of 1.9 for the quarter and ...

Leidos Holdings, Inc. (LDOS) recently announced that its board of directors has approved a 5.3% increase in its quarterly dividend rate. The revised quarterly dividend will be 40 cents per share, payable on Dec. 31, 2024, to shareholders of record at the close of the business on Dec. 16, 2024. Following the recent hike, Leidos will now pay an annual dividend of $1.60 per share. This represents an annual dividend yield of 0.95% based on its share price worth $168.71 as of Oct. 25, 2024. Can LDOS Sustain Divi ...

For Immediate Releases Chicago, IL – October 28, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Parker-Hannifin Corp. (PH) , Curtiss-Wright Corp. (CW) , Ingersoll Rand Inc. (IR) , Leidos Holdings Inc. (LDOS) and Mastercard Inc. (MA) . Here are highlights from Monday's Analyst Blog: Buy 5 Giant "Old Economy" Stock ...