Sign In
Search
Business/Financial

Leidos Posts Strong Third Quarter, Increases Earnings Guidance

Cal Biesecker By
SHARE:
Leidos Posts Strong Third Quarter, Increases Earnings Guidance
Leidos Chairman and CEO Roger Krone. Photo: Leidos

Leidos [LDOS] on Tuesday followed up a strong second quarter with still strong financial results for its third quarter and the company raised its earnings guidance for the year. Net income soared 28 percent to $208 million, $1.43 earnings per share (EPS), from $163 million ($1.13 EPS) a year ago. Excluding certain expenses, adjusting earnings of $1.80 EPS topped consensus estimates by 18 cents per share. Adjusted operating margin rose 90 basis points to 11.6 percent. Sales in the quarter…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Blue Water Autonomy Announces Power, Propulsion, Manufacturing Partners

Business/Financial

L3Harris Reports Strong First Quarter Bolstered By ISR, Space And Rocket Motors

Business/Financial

Anduril Raises $5 Billion In New Round; Company Valuation At $61 Billion

Business/Financial

General Dynamics Posts Strong First Quarter Led By Shipbuilding

Trending

USAF To Meet With Companies On Support Equipment For B-52 CERP
Defense Watch: Mythos, DARC, DARPA Plane, New SWO Boss, Startup Raises
With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects
Pentagon Selects Locations For Directed Energy Counter-Drone Pilots To Accelerate Fielding
Space Force Awards $3.2 Billion To 12 Companies For Space-Based Interceptor Work

Congress Updates

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume