Leidos (LDOS) Tops Q1 EPS by 1c, Beats on Revenues; Offers FY18 EPS/Revenue Mid-Point Outlooks Below Consensus
Leidos (NYSE: LDOS) reported Q1 EPS of $1.03, $0.01 better than the analyst estimate of $1.02. Revenue for the quarter came in at $2.81 billion versus the consensus estimate of $2.55 billion.
Forward Guidance
The Company affirms previously issued fiscal year 2018 guidance 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 $4.40. Leidos sees FY2018 revenue of $10.25-10.65 billion, versus the consensus of $10.47 billion.
For earnings history and earnings-related data on Leidos (LDOS) click here.
