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Leidos (LDOS) Down 2.4% Since Last Earnings Report: Can It Rebound?

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A month has gone by since the last earnings report for Leidos (LDOS - Free Report) . Shares have lost about 2.4% in that time frame, outperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Leidos due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

It turns out, fresh estimates have trended upward during the past month.

VGM Scores

Currently, Leidos has a nice Growth Score of B, though it is lagging a bit on the Momentum Score front with a C. However, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Leidos has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.

Performance of an Industry Player

Leidos belongs to the Zacks Aerospace - Defense industry. Another stock from the same industry, Northrop Grumman (NOC - Free Report) , has gained 0.9% over the past month. More than a month has passed since the company reported results for the quarter ended December 2024.

Northrop Grumman reported revenues of $10.69 billion in the last reported quarter, representing a year-over-year change of +0.5%. EPS of $6.39 for the same period compares with $6.27 a year ago.

Northrop Grumman is expected to post earnings of $6.33 per share for the current quarter, representing a year-over-year change of +0.2%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.2%.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Northrop Grumman. Also, the stock has a VGM Score of A.


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