Leidos (LDOS) reported earnings on Tue 18 Feb 20 (b/o)

 ** charts after earnings **

 

 

Leidos beats by $0.20, beats on revs; guides FY20 EPS in-line, revs above consensus

Reports Q4 (Dec) earnings of $1.55 per share, $0.20 better than the S&P Capital IQ Consensus of $1.35; revenues rose 11.6% year/year to $2.95 bln vs the $2.86 bln S&P Capital IQ Consensus.

Co issues guidance for FY20, sees EPS of $5.30 to $5.65 vs. $5.50 S&P Capital IQ Consensus; sees FY20 revs of $12.60 bln to $13.0 bln vs. $11.38 bln S&P Capital IQ Consensus.

Earnings this week : Feb 17 - 21, 20 (wk 8)

Monday (Feb 17)

• Holiday: Presidents' Day (US stock, bond, and options markets and the Federal Reserve Bank will be closed on Monday, February 17, 2020. Futures markets will close at 1pm ET.

Tuesday (Feb 18)

• Morning: AAP AEIS ALLE ATH BLMN CEVA CHH CEQP ECL EXPD FLR FELE GSX INMD JELD LDOS MDT SFL SITE TSEM TRU USAC VG VMC WAB WMT WLK
• Afternoon: A AMED ACC TXG ACC AWK ATRC BKD CHE CXO DVN FANG WIRE ENPH EVBG EXR GRPN HCKT HVT HQY HSTM HLF IOSP INVH KAR KRG KNL LZB LC DOOR NP NTR PLMR QTS ROIC RPAI SGMS SCPL SSTI SOI SHO TX TIVO TRTX TPH WRSK WNO

Wednesday (Feb 19)

• Morning: ADI ATHM BHC BCOR APRN FUN DISH ELAN ENBL ETR FVRR FDP GRMN GEL THRM GPC GLDD HEP IART NHI DNOW OC STNG SSW SAH SMP VPG WING
• Afternoon: AGI ALB Y ALSN CRMT AROC CAR AXTI SAM BCOV CAKE XEC CDE CYH CONE ESRT EIG ET FARO FIVN LOPE GDOT HCR HNI HST H IAG ICLR IMAX INOV IVR NVTA JACK JBT KALU KBR KL LSI MX MANT MASI MOS MSA LASR NE NDSN OIS OGS OSUR OR OVV PAAS PE PRDO PXD QTWO O RETA RBBN RPT SNBR SM SED SPTN STMP SUI SUN SNPS TVTY TSLX TRN UCTT UFPI VMI HCC WMB ZG

Thursday (Feb 20)

• Morning: AAN AKS AEP ARD AAWW BRC CAMT CBZ CLF COMM CSTM COT DNR DPZ EPAM FOCS GIL HEES HSIC HFC HRL HPP IDA ITGR I IDCC LAMR LXP LKQ MD MFA NEM NCLH OPI PCRX PQG RCM RS RGEN SHLX SIX SO STFC SCL STOR SYNH TFX TNC TEN TXMD VTR VIAC VC WIX
• Afternoon: ADSW LNT COLD APPN ATR BAND BJRI BYD BVN BLDR COG CAI CATM CASA CWST CENX ED CNDT CORT CVA CUBE DRH BOOM DBX DCO EHTH EBS ENV EVRG FSLY FSLR FND GLPI GMED HTGC HBM LTHM MMI NBR NCMI NGHC NUVA OEC PEB PPC PRAH PRA PBYI RMAX RWT ROG SBAC SWM SEM SFM SSRM TXRH TMST TRUE OLED VAL VICI WK ZIXI ZS

Friday (Feb 21) 

• Morning: BCPC B CNK CFX DE ERF HSC HMSY ITT MGA PNW RY TECK WPC

Notable earnings reports:
Walmart (WMT), Agilent (NYSE:A), Herbalife (NYSE:HLF), Groupon (NASDAQ:GRPN) and Scientific Games (NASDAQ:SGMS) on February 18; IMAX (NYSE:IMAX), Blue Apron (NYSE:APRN), Wingstop (NASDAQ:WING), Albermarle (NYSE:ALB), Hyatt Hotels (NYSE:H), Sunoco (NYSE:SUN), Dish Network (NASDAQ:DISH) and Zillow (NASDAQ:ZG) on February 19; Norwegian Cruise Line Holdings (NYSE:NCLH), (NASDAQ:VIAC), Domino's Pizza (NYSE:DPZ), Universal Display (NASDAQ:OLED) and Dropbox (NASDAQ:DBX) on February 20; Diana Shipping (NYSE:DSX), Royal Bank of Canada (NYSE:RY) and Deere (NYSE:DE) on February 21.

Leidos (LDOS) reported earnings on Thur 3 May 2018 (b/o)

** charts after earnings **

  

Leidos beats by $0.01, misses on revs; reaffirms FY18 EPS guidance, revs guidance 

• Reports Q1 (Mar) earnings of $1.03 per share, $0.01 better than the Capital IQ Consensus of $1.02; revenues fell 5.3% year/year to $2.44 bln vs the $2.58 bln Capital IQ Consensus.
• Coreaffirms guidancefor FY18, sees EPS of $4.15 to $4.50 vs. $4.41 Capital IQ Consensus Estimate; sees FY18 revs of $10.25 bln to $10.65 bln vs. $10.47 bln Capital IQ Consensus Estimate.

Science Applications (SAIC) split into two publicly traded companies : SAIC and LDOS

The original SAIC was created in 1969 by J. Robert Beyster.
On September 27, 2013, SAIC split into two publicly traded companies.

 

• SAIC : The company spun off about a third of its business, which retained its name, forming an approximately $4 billion-per-year service company focused on government services, including systems engineering, technical assistance, financial analysis, and program office support. 
• LDOS: The remaining part became a $7 billion-per-year IT company specializing in technology for the national security, health, and engineering sectors. The parent company changed its name to Leidos (LDOS).

The primary motivation for the spinoff was the conflicts of interest provisions in the Federal Acquisition Regulation which prevented the company from bidding on some new contracts because of existing contracts.