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0 0 0 0 5.20860461481895E-05 5.20860461481895E-05 5.20860461481895E-05 -0.0100437861461288
Stock impact report

Leidos Holdings: Solid Q3 Performance Supports Higher Target [Seeking Alpha]

Leidos Holdings, Inc. (LDOS) 
Last leidos holdings, inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.leidos.com
Company Research Source: Seeking Alpha
Q3 revenue grew 7% YoY, backlog reached $69 billion, and strong demand from defense and intelligence agencies supports continued growth for LDOS. Management raised guidance for Q4, and both Wall Street and my forecasts expect further EPS and revenue outperformance, driven by backlog and buybacks. LDOS maintains a healthy balance sheet, continues shareholder returns via buybacks and dividends, and is well-positioned despite government spending risks. hapabapa/iStock Editorial via Getty Images Investment Thesis Since I first posted about Leidos ( LDOS in June , the stock has grown by more than 33% — this is one of my best investment ideas this year. The third quarter was also This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compen Show less Read more
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