What's In Store For Leidos Holdings (LDOS) In Q4 Earnings?
Zacks Investment Research | Feb 11, 2020 10:01PM ET
Leidos Holdings, Inc. (NYSE:LDOS) is scheduled to release fourth-quarter and 2019 results on Feb 18, after market close. In the last reported quarter, the company delivered a positive earnings surprise of 13.33%.
Moreover, Leidos Holdings has a four-quarter positive earnings surprise of 8.93% on average.
Let’s discuss the factors that are likely to get reflected in the upcoming quarterly results.
Factors to Consider
Leidos Holdings generates almost half of its revenues from the Defense Solutions segment. The current U.S. administration is in favor of spending abundantly on the nation’s defense. As a result, steady order growth from Pentagon and other U.S. allies are expected to have boosted defense revenues for the company.
In Health segment, Leidos Holdings completed the acquisition of IMX Medical Management Services and its affiliated businesses in the third quarter. Positive synergies from this buyout are expected to have bolstered the company’s fourth-quarter performance.
Leidos Holdings, Inc. Price and EPS Surprise
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