Leidos Holdings (NYSE:LDOS) reported its Q4 earnings results on Tuesday, February 15, 2022 at 06:00 AM.
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Here's what investors need to know about the announcement.
Earnings
Leidos Holdings missed estimated earnings by 2.5%, reporting an EPS of $1.56 versus an estimate of $1.6.
Revenue was up $239.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.18, which was followed by a 3.16% drop in the share price the next day.
Here's a look at Leidos Holdings's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.62 | 1.58 | 1.48 | 1.61 |
| EPS Actual | 1.80 | 1.52 | 1.73 | 1.63 |
| Revenue Estimate | 3.60B | 3.38B | 3.25B | 3.39B |
| Revenue Actual | 3.48B | 3.45B | 3.31B | 3.25B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Leidos Holdings management provided guidance for their next quarter, expecting earnings between $6.1 and $6.5 per share for the next quarter.
This represents a 303.85% in quarter-over-quarter growth for Leidos Holdings, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
