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Leidos (LDOS) Tops Q3 EPS by 12c

December 3, 2014 6:07 AM

Leidos (NYSE: LDOS) reported Q3 EPS of $0.65, $0.12 better than the analyst estimate of $0.53. Revenue for the quarter came in at $1.28 billion versus the consensus estimate of $1.24 billion.

Leidos reaffirmed FY2015 guidance.

Cash flow provided by operating activities of continuing operations for the third quarter of fiscal year 2015 was $179 million. Cash flows used in financing activities of continuing operations for the third quarter of fiscal year 2015 was $126 million which includes $102 million for the repurchase of debt and a cash dividend of $0.32 per share. The Company intends to continue paying dividends on a quarterly basis, although the declaration of any future dividends will be determined by the Company's Board of Directors each quarter and will depend on earnings, financial condition, capital requirements and other factors.

As of October 31, 2014, the Company had $418 million in cash and cash equivalents and $1.2 billion in long-term debt.

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

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