Leidos (LDOS) Subsidiary Dynetics Secures DARPA Air Combat Evolution (ACE) Phase 1
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Leidos (LDOS) Reports In-Line Q1 EPS; Lowers FY20 EPS/Revenue Guidance
May 5, 2020 6:06 AM EDTLeidos (NYSE: LDOS) reported Q1 EPS of $1.19, in-line with the analyst estimate of $1.19. Revenue for the quarter came in at $2.89 billion versus the consensus estimate of $2.89 billion.
Roger Krone, Leidos Chairman and Chief Executive Officer, commented: "First quarter results demonstrated the resiliency of our business, as evidenced by strong pro-forma organic revenue growth across all business segments, significant bookings and a new record backlog position. While the COVID-19 pandemic presented some late quarter headwinds, we are confident that the critical nature of our work, coupled with our early business contingency planning, will largely... More
Leidos Holdings (LDOS) PT Raised to $114 at Wells Fargo
May 4, 2020 6:20 AM EDTWells Fargo raised its price target on Leidos Holdings (NYSE: LDOS) to $114.00 (from $105.00) while maintaining a Overweight rating.... More
