Skip to main content

Leidos: Q4 Earnings Snapshot

RESTON, Va. (AP) — RESTON, Va. (AP) — Leidos Holdings Inc. (LDOS) on Tuesday reported fourth-quarter earnings of $327 million.

The Reston, Virginia-based company said it had profit of $2.53 per share. Earnings, adjusted for one-time gains and costs, came to $2.76 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.57 per share.

The security and engineering company posted revenue of $4.21 billion in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $4.25 billion.

For the year, the company reported profit of $1.45 billion, or $11.14 per share. Revenue was reported as $17.17 billion.

Leidos expects full-year earnings in the range of $12.05 to $12.45 per share, with revenue in the range of $17.5 billion to $17.9 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LDOS at https://www.zacks.com/ap/LDOS

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story