Leidos (LDOS) Tops Q4 EPS by 3c, Slight Miss on Revenues; Offers FY19 EPS Guidance Below Consensus, FY19 Revenue Mid-Point Above Views

Leidos (NYSE: LDOS) reported Q4 EPS of $1.10, $0.03 better than the analyst estimate of $1.07. Revenue for the quarter came in at $2.647 billion versus the consensus estimate of $2.65 billion.

Roger Krone, Leidos Chairman and Chief Executive Officer, commented: "Our fourth quarter and full year 2018 results demonstrate success in our ability to drive growth in our business. We closed out the year with record backlog, accelerating revenue growth, and over three quarters of a billion dollars generated in operating cash flows. Looking ahead, we expect to continue our growth momentum and drive value for our shareholders and other stakeholders by leveraging our scale, flexible cost structure, innovative solutions, and our employees\' unwavering commitment to our customers."

GUIDANCE:

Leidos sees FY2019 EPS of $4.25-$4.60, versus the consensus of $4.74. Leidos sees FY2019 revenue of $10.5-10.9 billion, versus the consensus of $10.62 billion.

For earnings history and earnings-related data on Leidos (LDOS) click here.

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