What To Expect From Leidos Holdings ($LDOS) Q3 Earnings?

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The third quarter financial results of Leidos Holdings (NYSE: LDOS) will be unveiled on Tuesday 29th October 2024. This eagerly awaited announcement is scheduled to occur before market open.

In accordance with the predictions of financial analysts on Wall Street, the organization is on track to report an expected per share of $2.02 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $4.07 billion for this quarter.

The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $2.03. This was a direct result of the company's total revenue, which amounted to an impressive $3.92 billion during that specific period.

Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $16.3 billion. Additionally, they predict that the earnings per share for the company will hit profit of $9.08 by the end of the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $2.63 +46.1% 4.13 B +7.7%
Q1 2024 $2.29 +55.8% 3.98 B +7.5%
Q4 2023 $1.99 +8.7% 3.98 B +7.7%
Q3 2023 $2.03 +27.7% 3.92 B +8.7%
Q2 2023 $1.80 +13.2% 3.84 B +6.7%
*Growth on year-over-year basis

 

LDOS has scheduled a conference call on 29th October 2024 at 08:00 AM eastern time to discuss the third quarter financial results and other related information.

Throughout Friday's trading, Leidos Holdings (LDOS) shares fluctuated between $168.54 and $171.35, with a trading volume of 592.60 thousand shares. The stock ended the regular trading session at $168.71, reflecting fall of 0.05 percent.