- Leidos reported a 2Q adjusted EPS of $3.21, surpassing both last year’s figure of $2.63 and the estimated $2.67.
- Total revenue for the quarter was $4.25 billion, a 2.9% increase year-over-year, slightly above the estimate of $4.24 billion.
- National Security and Digital revenue reached $1.87 billion, marking a 3.3% increase from the previous year.
- Health and Civil revenue saw a modest growth of 0.7% year-over-year, amounting to $1.27 billion.
- Commercial and International revenue was $566 million, experiencing a 0.9% rise compared to the previous year.
- Defense Systems revenue achieved a notable growth of 9.7% year-over-year, totaling $543 million.
- Operating income surged by 20% year-over-year, reaching $571 million.
- National Security and Digital operating income was $188 million, up 2.7% year-over-year, beating the estimate of $183.1 million.
- Health and Civil operating income amounted to $311 million, a 1.3% increase, and surpassing the estimate of $266.7 million.
- Commercial and International segment reported an operating income of $40 million, recovering from a loss of $11 million last year, though below the estimate of $43.4 million.
- Defense Systems operating income reached $41 million, a 21% increase, exceeding the estimate of $36 million.
- Company leadership expressed satisfaction with the financial outcomes, citing a promising outlook for 2025 based on strong performance and improved macroeconomic clarity.
- The market response included 8 buy ratings, 9 hold ratings, and no sell ratings from analysts.
A look at Leidos Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
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, is poised for a bright future according to Smartkarma Smart Scores. With a strong rating in Growth and Momentum, Leidos Holdings showcases promising prospects for long-term growth and market performance. The company’s focus on innovation and forward-thinking strategies is reflected in its high scores in these key areas.
Moreover, Leidos Holdings ranks well in Resilience, emphasizing its ability to weather economic uncertainties and navigate challenges effectively. While its Value and Dividend scores are moderate, the company’s exceptional performance in Growth and Momentum indicates a positive trajectory for investors seeking sustainable returns over the long term. With a diversified portfolio covering national security, engineering, and health sectors, Leidos Holdings stands out as a strategic investment choice for those looking towards a promising future.
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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