Leidos Holdings Q4 Earnings Beat Estimates, Revenues Rise Y/Y

Leidos Holdings, Inc.’s (LDOS) fourth-quarter 2024 adjusted earnings of $2.37 per share beat the Zacks Consensus Estimate of$2.18 by 8.7%. The bottom line also increased 19.1% from $1.99 registered in the prior-year quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.LDOS reported GAAP earnings of$2.12 per share, implying an improvement from the prior-year level of $1.66.The year-over-year upside in the bottom line can be attributed to increased volumes from managed health se ...