Leidos (LDOS) Misses Q2 EPS by 5c; Boosts FY16 EPS Outlook

Leidos (NYSE: LDOS) reported Q2 EPS of $0.68, $0.05 worse than the analyst estimate of $0.73. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.29 billion.

GUIDANCE:

Leidos sees FY2016 EPS of $2.85-$3.05, versus prior guidance of $2.75-$2.95 and the consensus of $2.92. Leidos sees FY2016 revenue of $5.1-5.2 billion, versus prior guidance of $5.1-5.3 billion and the consensus of $5.17 billion.

For earnings history and earnings-related data on Leidos (LDOS) click here.

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