Leidos (LDOS) Q3 Earnings and Revenues Surpass Estimates

Core Insights - Leidos reported quarterly earnings of $3.05 per share, exceeding the Zacks Consensus Estimate of $2.61 per share, and showing an increase from $2.93 per share a year ago, resulting in an earnings surprise of +16.86% [1] - The company achieved revenues of $4.47 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 4.76% and up from $4.19 billion year-over-year [2] - Leidos shares have increased approximately 34% year-to-date, outperforming the S&P 500's gain of 16.5% [3] Earnings Outlook - The future performance of Leidos stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is $2.62 on revenues of $4.39 billion, and for the current fiscal year, it is $11.41 on revenues of $17.15 billion [7] Industry Context - The Computers - IT Services industry, to which Leidos belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The correlation between near-term stock movements and earnings estimate revisions suggests that tracking these revisions can provide insights into stock performance [5]