Core Viewpoint - Leidos (LDOS) is expected to report quarterly earnings of $2.57 per share, an increase of 8.4% year-over-year, while revenues are forecasted to decline by 2.6% to $4.25 billion [1] Earnings Estimates - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock performance [2] Revenue Projections - Analysts forecast 'Revenues- Health & Civil' to reach $1.26 billion, indicating a year-over-year decrease of 4.8% [3] - 'Revenues- National Security and Digital' are projected to be $1.90 billion, reflecting a slight increase of 0.5% year-over-year [4] - 'Revenues- Commercial & International' are expected to be $568.93 million, down 5.8% from the prior-year quarter [4] - 'Revenues- Defense Systems' are estimated at $527.48 million, a decrease of 2.1% from the year-ago quarter [4] Operating Income Estimates - The consensus estimate for 'Non-GAAP operating income (loss)- Defense Systems' is $47.23 million, compared to $19.00 million from the previous year [5] - 'Operating income (loss)- National Security & Digital' is expected to be $180.05 million, up from $175.00 million in the same quarter last year [5] - 'Non-GAAP operating income (loss)- Health & Civil' is projected at $273.68 million, down from $287.00 million year-over-year [6] - 'Non-GAAP operating income (loss)- Commercial & International' is estimated at $44.62 million, compared to $48.00 million last year [7] - 'Operating income (loss)- Health & Civil' is expected to be $270.49 million, down from $279.00 million year-over-year [7] - 'Operating income (loss)- Commercial & International' is projected at $40.48 million, slightly up from $40.00 million in the same quarter last year [8] Stock Performance - Shares of Leidos have shown a return of -0.6% over the past month, compared to a -0.3% change in the Zacks S&P 500 composite [8] - Leidos holds a Zacks Rank 3 (Hold), indicating it is expected to mirror overall market performance in the near future [8]
Unveiling Leidos (LDOS) Q4 Outlook: Wall Street Estimates for Key Metrics