Categories AlphaGraphs, Earnings, Technology
Earnings: Everything you need to know about Leidos’ Q1 2023 report
Leidos Holdings, Inc. (NYSE: LDOS) on Tuesday reported a decline in adjusted earnings for the first quarter of 2023, despite an increase in revenues. The company also provided guidance for fiscal 2023.
At $3.70 billion, first-quarter revenues were up 6% year-over-year. Revenues of all three operating segments increased during the three-month period.
Unadjusted net income decreased to $162 million or $1.17 per share in the March quarter from $175 million or $1.25 per share in the prior-year period. Adjusted profit was $1.47 per share, down 7% from last year.
For fiscal 2023, the company expects revenues to be in the range of $14.7 billion to $15.1 billion, and adjusted earnings per share to be between $6.40 and 6.80.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Infographic: How Lennar (LEN) performed in Q4 2025
Lennar Corporation (NYSE: LEN) reported total revenues of $9.4 billion for the fourth quarter of 2025, compared to $9.9 billion reported in the same period a year ago. Net earnings
Paychex expected to report higher revenue and earnings for Q2 FY26
Paychex, Inc. (NASDAQ: PAYX), a leading provider of human capital management solutions, is undergoing an AI-driven transformation that enhances both its internal operations and client-facing services. Entering fiscal 2026, the
Signet Jewelers (SIG): A look at the progress made on Grow Brand Love
Shares of Signet Jewelers Limited (NYSE: SIG) fell over 3% on Tuesday. The stock has gained 3% year-to-date. The jewelry retailer delivered strong results for the third quarter of 2026,
