Leidos (LDOS) Tops Q4 EPS by 2c, Miss on Revenues; Offers FY18 EPS Guidance Above Consensus, FY18 Revenue- Mid-Point Outlook Below Consensus
Leidos (NYSE: LDOS) reported Q4 EPS of $0.87, $0.02 better than the analyst estimate of $0.85. Revenue for the quarter came in at $2.52 billion versus the consensus estimate of $2.57 billion.
Diluted earnings per share (\"EPS\") attributable to Leidos common stockholders for the quarter was $0.74, compared to $0.39 in the prior year quarter. Excluding the items mentioned above, non-GAAP diluted EPS attributable to Leidos common stockholders for the fourth quarter was $0.87 compared to $0.75 in the prior year quarter. The weighted average diluted share count for the quarter was 154 million compared to 153 million in the prior year quarter.
Forward Guidance
The Company's outlook for fiscal year 2018 is as follows:
- Revenues of $10.25 billion to $10.65 billion;
- Adjusted EBITDA margins of 10.1% to 10.4%;
- Non-GAAP diluted earnings per share of $4.15 to $4.50; and
- Cash flows provided by operating activities at or above $675 million.
GUIDANCE:
Leidos sees FY2018 EPS of $4.15-$4.50, versus the consensus of $4.11. Leidos sees FY2018 revenue of $10.25-10.65 billion, versus the consensus of $10.55 billion.
For earnings history and earnings-related data on Leidos (LDOS) click here.
