Leidos Holdings, Inc. Reports Second Quarter Fiscal Year 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
Leidos (LDOS) Tops Q2 EPS by 5c, Revenues Beat; Raises FY19 EPS/Revenue Guidance
July 30, 2019 6:05 AM EDTLeidos (NYSE: LDOS) reported Q2 EPS of $1.16, $0.05 better than the analyst estimate of $1.11. Revenue for the quarter came in at $2.73 billion versus the consensus estimate of $2.65 billion.
Revenues for the quarter were $2.73 billion, compared to $2.53 billion in the prior year quarter, reflecting a 7.9% increase. Revenues grew 8.8% when adjusting for the commercial cybersecurity business that was sold during the first quarter of 2019.Operating income for the quarter was $210 million, compared to $199 million in the prior year quarter. Operating income margin decreased to 7.7% from 7.9% in... More