Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's “Halftime Report” to explain why he's buying more Leidos after it sinks following an earnings beat.
The Investment Committee give you their top stocks to watch for the second half.
Leidos Holdings, Inc. (NYSE:LDOS ) Q4 2024 Earnings Conference Call February 11, 2025 8:00 AM ET Company Participants Stuart Davis - IR Tom Bell - CEO Chris Cage - CFO Conference Call Participants Matt Akers - Wells Fargo Mariana Perez - Bank of America Sheila Kahyaoglu - Jefferies Gautam Khanna - TD Cowen Louie DiPalma - William Blair Colin Canfield - Cantor Fitzgerald Gavin Parsons - UBS Scott Mikus - Melius Research Seth Seifman - JPMorgan Joshua Korn - Barclays Peter Arment - Baird Operator Greetings. Welcome to Leidos Fourth Quarter Fiscal Year 2024 Earnings Call.
Defense IT specialist Leidos Holdings (LDOS -5.41%) beat quarterly expectations, but investors apparently were hoping for more. Leidos shares fell 7% at market open Tuesday and were down 5% as of 11 a.m.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Although the revenue and EPS for Leidos (LDOS) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
LDOS' Q4 revenues of $4.37 billion beat the Zacks Consensus Estimate by 5.9%. The top line also improves 9.7% year over year.
Leidos (LDOS) came out with quarterly earnings of $2.37 per share, beating the Zacks Consensus Estimate of $2.18 per share. This compares to earnings of $1.99 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Leidos (LDOS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Top-ranked stocks Urban Outfitters (URBN), Leidos (LDOS), Fortinet (FTNT), Affirm (AFRM) and Zillow Group Class C (Z) are likely to beat on the bottom line in their upcoming releases.
Investors interested in LDOS may add this stock to their portfolio before Tuesday, considering its discounted valuation.
Leidos (LDOS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.