- Leidos reported first-quarter adjusted earnings per share (EPS) of $2.97, surpassing estimates of $2.50 and the previous year’s $2.29.
- Total revenue reached $4.25 billion, representing a 6.8% year-over-year increase and exceeding expectations of $4.09 billion.
- National Security and Digital revenue grew by 4.7% year-over-year to $1.88 billion.
- Health and Civil revenue increased by 7.7% year-over-year, totaling $1.29 billion.
- Commercial and International revenue rose by 12% year-over-year to $568 million.
- Defense Systems revenue experienced a 7.2% year-over-year rise, reaching $508 million.
- The company’s operating income climbed by 28% year-over-year to $530 million.
- National Security and Digital operating income improved by 5.7% year-over-year to $185 million, slightly exceeding the estimate of $180.3 million.
- Health and Civil operating income surged by 35% year-over-year, amounting to $299 million, outperforming the estimate of $247.2 million.
- Commercial and International operating income rose by 8.8% year-over-year to $37 million, although it was below the estimated $39.7 million.
- Defense Systems operating income saw a substantial increase of 62% year-over-year, totaling $34 million, slightly under the estimate of $35.1 million.
- The company expressed confidence in its positioning and future opportunities, as demonstrated by a $500 million accelerated share repurchase.
- Analyst ratings include 9 buy recommendations, 8 holds, and no sell recommendations.
A look at Leidos Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a strong emphasis on growth and momentum, scoring 4 in both factors, Leidos Holdings is positioned for continued expansion and market performance. Additionally, the company demonstrates resilience with a score of 3, highlighting its ability to withstand challenges and adapt to market conditions. While its value and dividend scores are more moderate at 2, the overall outlook for Leidos Holdings appears positive, especially in terms of future growth and market momentum.
Leidos Holdings Inc. operates in sectors such as national security, engineering, and health, offering a diverse range of services and solutions. With its focus on growth and momentum, the company is poised to capitalize on opportunities for expansion and innovation within these industries. Despite its moderate value and dividend scores, Leidos Holdings‘ strong performance in growth, resilience, and momentum positions it well for long-term success and market competitiveness.
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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