
Leidos [LDOS] on Tuesday reported higher sales but lower earnings with the top line gains driven by higher volume, new program wins and recent acquisitions and the bottom line impacted by a tough comparison from a year ago when the company benefited from the sale of its commercial cyber security business, a charge on an international program, and negative impacts from the COVID-19 pandemic. The company also lowered its guidance for sales and earnings this year to account for COVID…