
Leidos [LDOS] on Tuesday posted higher earnings and sales in its fourth quarter with each operating segment contributing to the top-line growth and the bottom-line benefiting from lower taxes. Net income in the quarter was up 2 percent to $180 million, $1.28 earnings per share (EPS), from $176 million ($1.23 EPS) a year ago. Excluding a $37 million impairment charge, which was related to facility consolidation, and acquisition, integration and amortization costs, per share earnings of $1.83 were well above…