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LDOS — Leidos Holdings News Story

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Leidos gains after upbeat annual revenue forecast

BUZZ-Leidos gains after upbeat annual revenue forecast

** Defense contractor Leidos LDOS.N shares gain 1.9% to $121.01 in premarket trading

** Co forecasts annual revenue between $18.20-18.40 billion, midpoint of which is more than Wall Street estimates of $18.25 billion
** LDOS also posts Q2 adjusted EPS of $3.26 vs estimate of $2.91, as per LSEG-compiled data

** Seven of 19 brokerages rate the stock "buy" or higher, 12 "hold"; their median PT is $140.61 - LSEG-compiled data



(Reporting by Sudeshna Ghoshal in Bengaluru)

((Sudeshna.Ghoshal@thomsonreuters.com;))

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