Investors looking for stocks in the Aerospace - Defense sector might want to consider either Leidos (LDOS) or Airbus Group (EADSY). But which of these two stocks presents investors with the better value opportunity right now?
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Leidos (LDOS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Leidos (LDOS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Leidos (LDOS) possesses solid growth attributes, which could help it handily outperform the market.
Here is how Leidos (LDOS) and Lockheed Martin (LMT) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Leidos Holdings, Inc LDOS reported better-than-expected second-quarter fiscal 2024 earnings on Tuesday.
Leidos Holdings, Inc. (NYSE:LDOS ) Q2 2024 Earnings Conference Call July 30, 2024 8:00 AM ET Company Participants Stuart Davis - Investor Relations Tom Bell - Chief Executive Officer Chris Cage - Chief Financial Officer Conference Call Participants Mariana Perez Mora - Bank of America Matt Akers - Wells Fargo David Strauss - Barclays Cai von Rumohr - TD Cowen Peter Arment - Baird Jeremy Jason - Citi Ken Herbert - RBC Noah Poponak - Goldman Sachs Operator Greetings. Welcome to Leidos' Second Quarter 2024 Earnings Conference Call.
Leidos Holdings' (LDOS) Q2 revenues of $4.13 billion beat the Zacks Consensus Estimate by 2.2%. The top line also improves 7.7% year over year.
Although the revenue and EPS for Leidos (LDOS) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Leidos (LDOS) came out with quarterly earnings of $2.63 per share, beating the Zacks Consensus Estimate of $2.26 per share. This compares to earnings of $1.80 per share a year ago.