Back to top

Image: Bigstock

Leidos (LDOS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Read MoreHide Full Article

For the quarter ended September 2026, Leidos (LDOS - Free Report) reported revenue of $4.63 billion, up 3.6% over the same period last year. EPS came in at $3.62, compared to $3.05 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $4.71 billion, representing a surprise of -1.61%. The company delivered an EPS surprise of +19.08%, with the consensus EPS estimate being $3.04.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Leidos performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenue- Defense: $992 million versus $1.04 billion estimated by two analysts on average.
  • Revenue- Homeland: $1.02 billion versus $1.01 billion estimated by two analysts on average.
  • Revenue- Health: $1.07 billion compared to the $1.09 billion average estimate based on two analysts.
  • Revenue- Intelligence & Digital: $1.55 billion versus the two-analyst average estimate of $1.56 billion.
  • Non-GAAP operating income- Intelligence & Digital: $178 million versus the two-analyst average estimate of $161.36 million.
  • Non-GAAP operating income- Defense: $96 million compared to the $102.34 million average estimate based on two analysts.
  • Non-GAAP operating income- Homeland: $116 million compared to the $111.34 million average estimate based on two analysts.
  • Non-GAAP operating income- Health: $244 million compared to the $222.9 million average estimate based on two analysts.

View all Key Company Metrics for Leidos here>>>

Shares of Leidos have returned +20.7% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Published in