Leidos (LDOS) Tops Q1 EPS by 1c, Beats on Revenues; Offers FY18 EPS/Revenue Mid-Point Outlooks Below Consensus

Leidos (NYSE: LDOS) reported Q1 EPS of $1.03, $0.01 better than the analyst estimate of $1.02. Revenue for the quarter came in at $2.81 billion versus the consensus estimate of $2.55 billion.

Forward Guidance

The Company affirms previously issued fiscal year 2018 guidance as follows:

• Revenues of $10.25 billion to $10.65 billion;
• Adjusted EBITDA margins of 10.1% to 10.4%;
• Non-GAAP diluted earnings per share of $4.15 to $4.50; and
• Cash flows provided by operating activities at or above $675 million.

GUIDANCE:

Leidos sees FY2018 EPS of $4.15-$4.50, versus the consensus of $4.40. Leidos sees FY2018 revenue of $10.25-10.65 billion, versus the consensus of $10.47 billion.

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

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