Leidos -3.4% on downside EPS forecast

Feb. 19, 2019 8:22 AM ETLeidos Holdings, Inc. (LDOS) StockBy: Brandy Betz, SA News Editor
  • Leidos (NYSE:LDOS) drops 3.4% pre-market after it reports Q4 results that beat EPS estimates and met on revenue with 5% Y/Y revenue growth. FY19 guidance has in-line revenue of $10.5B to $10.9B (consensus: $10.64B) with EPS of $4.25 to $4.60 (consensus: $4.76).
  • Revenue breakdown: Health was the only segment beating estimates with a reported $497M versus the $451.3M consensus. Defense Solutions totaled $1.27B (consensus: $1.31B) and Civil came in at $885M (consensus: $892.5M).
  • Press release.
  • Previously: Leidos beats by $0.03, revenue in-line (Feb. 19)

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