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.

Leidos Q1 2023 earnings infographic

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

  • Leidos Holdings Q4 2022 earnings infographic
  • Leidos-Holdings-Q3-2022-Earnings-Infographic


Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock


Most Popular

NKE Earnings Preview: Nike likely to report mixed Q1 results

Nike, Inc. (NYSE: NKE) ended fiscal 2023 on an unimpressive note, reporting weaker-than-expected earnings for the final months of the year when the sneaker giant’s revenues increased modestly. The company's

KB Home (KBH): A look at how the homebuilder fared in its most recent quarter

Shares of KB Home (NYSE: KBH) were down on Friday. The stock has gained 43% year-to-date and 68% over the past 12 months. The homebuilder delivered better-than-expected results for the

UnitedHealth Group (UNH) looks unfazed by short-term challenges

Healthcare conglomerate UnitedHealth Group (NYSE: UNH) has a good track record of effectively navigating challenges. The company's diversified offerings help it deliver consistent revenue and profit growth. Recently, profitability came

Add Comment
Viewing Highlight