Leidos Holdings, Inc. (NYSE:LDOS) exceeded analyst expectations for fourth-quarter adjusted earnings per share but fell short on revenue. Despite a 16% YoY increase in EPS and strong net bookings, shares declined in pre-market trading, primarily due to lower-than-anticipated revenue attributed to an extra work week in FY24 and a government shutdown in FY25. The company provided fiscal year 2026 guidance, projecting revenue and adjusted EPS generally in line with analyst estimates, and announced the acquisition of power design firm Entrust.
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Leidos beats on earnings but misses revenue expectations, shares fall
Leidos Holdings, Inc. (NYSE:LDOS) exceeded analyst expectations for fourth-quarter adjusted earnings per share but fell short on revenue. Despite a 16% YoY increase in EPS and strong net bookings, shares declined in pre-market trading, primarily due to lower-than-anticipated revenue attributed to an extra work week in FY24 and a government shutdown in FY25. The company provided fiscal year 2026 guidance, projecting revenue and adjusted EPS generally in line with analyst estimates, and announced the acquisition of power design firm Entrust.