Leidos: Q2 Earnings Snapshot
By AP News
Published - Jul 30, 2024, 06:07 AM ET
Last Updated - Jul 30, 2024, 06:07 AM EDT
RESTON, Va. (AP) — RESTON, Va. (AP) — Leidos Holdings Inc. (LDOS) on Tuesday reported second-quarter earnings of $322 million.
The Reston, Virginia-based company said it had profit of $2.37 per share. Earnings, adjusted for non-recurring costs, were $2.63 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.26 per share.
The security and engineering company posted revenue of $4.13 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $4.04 billion.
