Leidos Holdings (LDOS) Releases Earnings Results, Misses Expectations By $-0.05 EPS

Leidos Holdings (LDOS) reported quarterly earnings results on Thursday, Jul-28-2016. The company reported $0.68 earnings per share for the quarter, missing the analyst consensus estimate by $-0.05. Analysts had a consensus of $0.73. The company posted revenue of $1288.00 million in the period, compared to analysts expectations of $1285.44 million. The company’s revenue was up 2.5% compared to the same quarter last year.

Leidos Holdings closed down -1.68 points or -3.21% at $50.65 with 38,45,249 shares getting traded on Thursday. Post opening the session at $51.81, the shares hit an intraday low of $49.78 and an intraday high of $51.81 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Mar 15, 2016, Robert S Shapard (director) purchased 4,000 shares at $47.04 per share price. According to the SEC, on Mar 15, 2016, James Reagan (CFO) purchased 2,600 shares at $46.83 per share price. On Mar 9, 2016, Roger A Krone (CEO) purchased 5,000 shares at $46.50 per share price, according to the Form-4 filing with the securities and exchange commission.

Leidos Holdings

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