Leidos (NYSE: LDOS) reported Q3 EPS of $1.25, $0.29 better than the analyst estimate of $0.96. Revenue for the quarter came in at $1.87 billion versus the consensus estimate of $1.9 billion.

GUIDANCE:

Leidos sees FY2016 EPS of $3.50-$3.60, versus prior guidance of $3.15-$3.35 and the consensus of $3.17. Leidos sees FY2016 revenue of $7.0-7.1 billion, versus prior guidance of $6.8-7.0 billion and the consensus of $6.94 billion.

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