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Leidos rises after Q1 earnings beat estimates

ReutersMay 6, 2025 2:46 PM

Defense contractor Leidos Holdings LDOS.N rise 3% to $152

Co's Q1 earnings beat Wall Street estimates, helped by robust demand for weapon systems

LDOS posts Q1 revenue of $4.25 bln above analyst estimates of $4.10 bln, according to data compiled by LSEG

The Reston, Virginia-based Co posts Q1 adj profit of $2.97/share, compared with estimates of $2.50/share

Co reiterates annual revenue forecast of $16.90 to $17.30 bln and 2025 adjusted profit of $10.35 to $10.75/share

10 of 18 brokerages rate the stock "buy" or higher, 8 "hold"; their median PT is $165- LSEG

Including session moves, shares are up 5.4% YTD

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