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Leidos Holdings to Release Q3 Earnings: Here's What to Expect
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Key Takeaways
Leidos' Q3 revenue estimate of $4.71 billion implies 5.3% growth, while earnings are expected to decline 0.3%.
Strong defense program wins, air defense demand and new intelligence contracts may boost LDOS' revenues.
Leidos' Health segment may face revenue pressure, while higher interest expenses could weigh on earnings.
Leidos Holdings, Inc. (LDOS - Free Report) is scheduled to release third-quarter 2026 results on Nov. 3, before market open. The company delivered an earnings surprise of 12.41% in the last reported quarter.
Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.
Factors Likely to Influence LDOS’ Q3 Results
Leidos Holdings’ Homeland segment is likely to have benefited from the company’s collaboration with CoreWeave to provide secure, sovereign AI cloud services for defense, national security and intelligence missions. The collaboration is expected to have expanded Leidos’ AI capabilities, strengthened its offerings in secure cloud infrastructure and mission integration and supported the segment’s top-line performance in the quarter to be reported.
Leidos Holdings’ Intelligence & Digital segment is likely to have benefited from recent contract awards and increased demand from the Intelligence Community in the quarter to be reported.
Leidos’ Health segment is expected to have faced revenue pressure in the third quarter due to changes in the Veterans Benefits Administration medical disability examination program. However, strong demand for medical examinations and technology-driven efficiencies are likely to have helped support margins.
Strong program wins and higher sales volumes, supported by rising geopolitical tensions worldwide and growing demand for integrated air defense systems and counter-UAS programs, may have boosted the Defense segment’s top line.
Robust revenue growth, coupled with disciplined program execution and cost-control initiatives, is expected to have supported the company’s bottom-line performance. However, higher interest expenses may have partially offset these benefits in the quarter to be reported.
Q3 Expectations for LDOS
The Zacks Consensus Estimate for revenues is pegged at $4.71 billion, indicating an increase of 5.3% from the year-ago level.
The consensus estimate for earnings is pegged at $3.04 per share, calling for a decline of 0.3% from the figure recorded a year ago.
What the Zacks Model Unveils for LDOS
Our proven model does not conclusively predict an earnings beat for LDOS this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below.
Below, we have mentioned players from the same sector that have the right combination of elements to beat on earnings in the upcoming releases.
Dynatrace, Inc. (DT - Free Report) is scheduled to report its second-quarter fiscal 2027 results on Nov. 3, before market open. It has an Earnings ESP of +0.83% and a Zacks Rank of 3 at present.
The Zacks Consensus Estimate for sales is pegged at $568.1 million, which indicates a 15% rise from the year-ago quarter’s figure. The consensus estimate for earnings stands at 49 cents per share, which calls for an 11.4% improvement from the year-ago quarter’s figure.
Telos Corporation (TLS - Free Report) is slated to report its third-quarter 2026 results on Nov. 9, before market open. It has an Earnings ESP of +5.26% and a Zacks Rank of 1 at present.
The Zacks Consensus Estimate for sales is pegged at $50 million. The consensus estimate for earnings stands at 4 cents per share.
Analog Devices, Inc. (ADI - Free Report) is expected to report its fourth-quarter fiscal 2026 results on Nov. 24, before market open. It has an Earnings ESP of +2.23% and a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for sales is pegged at $4.32 billion, which implies a 40.6% increase from the year-ago quarter’s figure. The consensus estimate for earnings is pegged at $3.89 per share, indicating a year-over-year surge of 72.1%.
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Leidos Holdings to Release Q3 Earnings: Here's What to Expect
Key Takeaways
Leidos Holdings, Inc. (LDOS - Free Report) is scheduled to release third-quarter 2026 results on Nov. 3, before market open. The company delivered an earnings surprise of 12.41% in the last reported quarter.
Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.
Factors Likely to Influence LDOS’ Q3 Results
Leidos Holdings’ Homeland segment is likely to have benefited from the company’s collaboration with CoreWeave to provide secure, sovereign AI cloud services for defense, national security and intelligence missions. The collaboration is expected to have expanded Leidos’ AI capabilities, strengthened its offerings in secure cloud infrastructure and mission integration and supported the segment’s top-line performance in the quarter to be reported.
Leidos Holdings’ Intelligence & Digital segment is likely to have benefited from recent contract awards and increased demand from the Intelligence Community in the quarter to be reported.
Leidos’ Health segment is expected to have faced revenue pressure in the third quarter due to changes in the Veterans Benefits Administration medical disability examination program. However, strong demand for medical examinations and technology-driven efficiencies are likely to have helped support margins.
Strong program wins and higher sales volumes, supported by rising geopolitical tensions worldwide and growing demand for integrated air defense systems and counter-UAS programs, may have boosted the Defense segment’s top line.
Robust revenue growth, coupled with disciplined program execution and cost-control initiatives, is expected to have supported the company’s bottom-line performance. However, higher interest expenses may have partially offset these benefits in the quarter to be reported.
Q3 Expectations for LDOS
The Zacks Consensus Estimate for revenues is pegged at $4.71 billion, indicating an increase of 5.3% from the year-ago level.
The consensus estimate for earnings is pegged at $3.04 per share, calling for a decline of 0.3% from the figure recorded a year ago.
What the Zacks Model Unveils for LDOS
Our proven model does not conclusively predict an earnings beat for LDOS this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below.
Leidos Holdings, Inc. Price and EPS Surprise
Leidos Holdings, Inc. price-eps-surprise | Leidos Holdings, Inc. Quote
Earnings ESP: LDOS has an Earnings ESP of -0.12%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Currently, Leidos Holdings carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks to Consider
Below, we have mentioned players from the same sector that have the right combination of elements to beat on earnings in the upcoming releases.
Dynatrace, Inc. (DT - Free Report) is scheduled to report its second-quarter fiscal 2027 results on Nov. 3, before market open. It has an Earnings ESP of +0.83% and a Zacks Rank of 3 at present.
The Zacks Consensus Estimate for sales is pegged at $568.1 million, which indicates a 15% rise from the year-ago quarter’s figure. The consensus estimate for earnings stands at 49 cents per share, which calls for an 11.4% improvement from the year-ago quarter’s figure.
Telos Corporation (TLS - Free Report) is slated to report its third-quarter 2026 results on Nov. 9, before market open. It has an Earnings ESP of +5.26% and a Zacks Rank of 1 at present.
The Zacks Consensus Estimate for sales is pegged at $50 million. The consensus estimate for earnings stands at 4 cents per share.
Analog Devices, Inc. (ADI - Free Report) is expected to report its fourth-quarter fiscal 2026 results on Nov. 24, before market open. It has an Earnings ESP of +2.23% and a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for sales is pegged at $4.32 billion, which implies a 40.6% increase from the year-ago quarter’s figure. The consensus estimate for earnings is pegged at $3.89 per share, indicating a year-over-year surge of 72.1%.