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Leidos Holdings (LDOS)
NYSE:LDOS
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Earnings Data
Report Date
Feb 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$2.27Last Year’s EPS
$1.99Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2024
|% Change Since: -9.92%
|Next Earnings Date:Feb 25, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with record margins and increased shareholder returns. The Health and Civil segment showed exceptional growth. However, potential risks in 2025 and challenges in the National Security segment were noted. Overall, the highlights significantly outweighed the lowlights.Company Guidance
During the Leidos Q3 2024 earnings call, the company reported robust financial performance with a record adjusted EBITDA margin of 14.2% and trailing 12-month EBITDA of 12.9%. This quarter saw a substantial 44% growth in adjusted diluted EPS and a free cash flow conversion of 159%. The company executed $200 million worth of share repurchases, clearing $450 million of the planned $500 million for the year. Leidos also increased its quarterly dividend to $0.40 per share, a 5.3% rise. The backlog ended at $40.6 billion, with $9.1 billion funded, driven by net bookings of $8.1 billion, reflecting a book-to-bill ratio of over 1.9x. The company has raised its guidance for 2024, with expected revenues of $16.35 billion to $16.45 billion, an adjusted EBITDA margin in the high 12% range, and non-GAAP diluted EPS of $9.80 to $10. Operating cash flow guidance was increased to approximately $1.35 billion for the year.Record Adjusted EBITDA Margin
Achieved a record adjusted EBITDA margin of 14.2% in Q3, with a 32% year-over-year increase in adjusted EBITDA to $596 million.
Strong Business Development
Net bookings of $8.1 billion, representing a book-to-bill ratio of over 1.9x, and a total backlog of $40.6 billion.
Increased Shareholder Returns
Repurchased $200 million worth of shares and declared a 5.3% increase in the quarterly dividend.
Health and Civil Segment Performance
Health and Civil segment revenue increased 16% with a non-GAAP operating income margin of 24.2%.
Improved Financial Guidance
Raised revenue guidance to $16.35 billion-$16.45 billion for 2024 and increased adjusted EBITDA guidance to the high 12% range.
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LDOS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LDOS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $169.29 | $185.37 | +9.50% |
| Jul 30, 2024 | $152.19 | $145.24 | -4.57% |
| Apr 30, 2024 | $130.61 | $139.14 | +6.53% |
| Feb 13, 2024 | $113.34 | $119.99 | +5.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Leidos Holdings (LDOS) report earnings?
Leidos Holdings (LDOS) is schdueled to report earning on Feb 25, 2025, TBA Not Confirmed.
What is Leidos Holdings (LDOS) earnings time?
Leidos Holdings (LDOS) earnings time is at Feb 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LDOS EPS forecast?
LDOS EPS forecast for the fiscal quarter 2024 (Q4) is $2.27.
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