Leidos Holdings, Inc. experienced a significant revenue decline in the fourth quarter, reporting $4.21 billion and missing Wall Street's expectations, largely due to the adverse effects of a government shutdown. This revenue drop of 3.6% led to a nearly 3% decline in shares, despite the company achieving adjusted earnings of $2.76 per share. Looking towards the future, Leidos plans for revenue growth in 2026 between $17.5 billion and $17.9 billion, while striving to stabilize amid current market pressures.
“Leidos · misses · quarterly revenue estimates · on government shutdown impact”
“Leidos · misses · quarterly revenue estimates · government shutdown impact”
“Leidos · misses · quarterly revenue estimates · due to government shutdown impact”
“Leidos · misses · quarterly revenue estimates · on government shutdown impact”
“Leidos · misses · quarterly revenue estimates · on government shutdown impact”
“Leidos · misses · quarterly revenue estimates · on government shutdown impact”
“Leidos · shares dropped · nearly 3% · after reporting fourth-quarter revenue of $4.21 billion”
“Leidos · reported · adjusted earnings · of $2.76 per share”
“Leidos · has · annual earnings per share growth · 28.2%”
“Leidos Holdings · agreed to acquire · ENTRUST Solutions Group · US$2.4b transaction”
“Leidos Holdings · secured · US$2.2b U.S. Air Force award · to provide base defense systems”
“Leidos Holdings · won · key IT and digital modernization work · with the Defense Information Systems Agency”
