- Leidos has updated its full-year revenue forecast to a range of $16.1 billion to $16.4 billion, modifying it slightly from the previous range of $16.0 billion to $16.4 billion.
- The estimate for the revenue stands at $16.2 billion.
- Second Quarter Results:
- Adjusted Earnings Per Share (EPS) increased to $2.63 from $1.80 year-over-year (y/y), surpassing the estimate of $2.27.
- Revenue reached $4.13 billion, up 7.7% y/y, exceeding the estimate of $4.06 billion.
- Revenue by Segment:
- National Security and Digital: $1.81 billion, an increase of 1.2% y/y.
- Health and Civil: $1.26 billion, up by 22% y/y.
- Commercial and International: $561 million, a rise of 2.6% y/y.
- Defense Systems: $495 million, growing by 6.2% y/y.
- Operating income for the second quarter was $475 million.
- Operating Income by Segment:
- National Security and Digital: $183 million, up 6.4% y/y.
- Health and Civil: $307 million, significantly higher than the previous year’s $134 million and the estimate of $193.9 million.
- Defense Systems: $34 million, up 62% y/y, above the estimate of $23.9 million.
- Net bookings for the quarter were $4.0 billion, representing a 38% increase y/y.
- The book-to-bill ratio improved to 1% compared to 0.8% y/y.
- Analyst ratings for Leidos include 12 buys, 4 holds, and 0 sells.
A look at Leidos Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Leidos Holdings Inc., a company specializing in scientific, engineering, and technical services, has seen a positive long-term outlook based on its Smartkarma Smart Scores. With a strong momentum score of 4, indicating a favorable trend in the company’s stock performance, Leidos Holdings is likely to experience continued growth in the future. Additionally, its growth score of 3 highlights the company’s potential for expanding its business operations and market presence over time. Although the value, dividend, and resilience scores are not as high, the overall positive trajectory of the company’s Smart Scores suggests a promising outlook for Leidos Holdings in the long run.
Operating in the areas of national security, engineering, and health, Leidos Holdings Inc. is positioned to leverage its expertise in these critical sectors for sustained success. While the company may not score as high on certain factors like value and dividend, its strong momentum and growth scores paint a favorable picture of its future prospects. By capitalizing on its core competencies and market opportunities, Leidos Holdings can continue to drive innovation and deliver value to its shareholders and clients in the years to come.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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