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BUZZ-Leidos rises after Q1 earnings beat estimates

Reuters
May 06, 2025
BUZZ-Leidos rises after Q1 earnings beat estimates

** 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

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))

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