Leidos reports Q1 EPS $3.13, consensus $2.91

Reports Q1 revenue $4.4B, consensus $4.29B. “Leidos (LDOS) delivered strong first quarter performance, as our teams worked proactively with customers to drive improved mission outcomes early in the year,” said Leidos Chief Executive Officer Tom Bell. “Also importantly, with the quick close of the Entrust acquisition and the signing of our security products joint venture, we’re actively executing our NorthStar 2030 strategy while supporting our nation’s highest priority objectives. Given all this and our ongoing confidence in our business, we’re pleased to raise our revenue, earnings, and cash guidance for the year. And we continue to see the second half of 2026 as the launchpad for multiyear growth acceleration.”