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Leidos Holdings Boosts FY20 Adj. EPS Outlook - Quick Facts

(RTTNews) - While reporting financial results for the second quarter on Tuesday, science and technology company Leidos Holdings Inc. (LDOS) raised its adjusted earnings guidance for the full-year 2020, while trimming annual revenue outlook.

For fiscal 2020, the company now projects adjusted earnings in a range of $5.25 to $5.55 per share on revenues between $12.2 billion and $12.6 billion.

Previously, the company expected adjusted earnings in the range of $5.00 to $5.30 per share on revenues between $12.5 billion and $12.9 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $5.24 per share on revenues of $12.69 billion for the year. Analysts' estimates typically exclude special items.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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