Leidos Schedules Fourth Quarter and Full Year 2024 Earnings Conference Call for February 11, 2025, at 8 a.m. (ET)
Wesley ParkTuesday, Jan 14, 2025 8:12 am ET

Leidos Holdings, Inc. (LDOS), a leading provider of national security, health, and engineering solutions, has announced that it will host a conference call to discuss its fourth quarter and full year 2024 earnings on February 11, 2025, at 8 a.m. (ET). The call will provide investors with an update on the company's financial performance and guidance for the upcoming year.
Leidos has had a strong year, with record adjusted EBITDA margins and substantial earnings growth. In the third quarter of 2024, the company achieved an adjusted EBITDA margin of 14.2% and a trailing 12-month EBITDA of 12.9%, reflecting significant earnings growth and free cash flow. Leidos also accelerated its share repurchase program, buying $200 million worth of shares, and increased its quarterly dividend by 5.3%.

Analysts expect Leidos to continue its strong performance in the fourth quarter and full year 2024. The average target price for Leidos stock is $179, with a low estimate of $135 and a high estimate of $220. This average target predicts an increase of 17.27% from the current stock price of $152.64. The average analyst rating for LDOS stock is "Strong Buy," indicating that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Leidos' growth and profitability in recent quarters have been driven by several key factors, including improved program execution and cost control, increased demand for managed health services, strategic focus on emerging technologies and innovative solutions, and a strong book-to-bill ratio and backlog. These trends are likely to continue in the future, as Leidos maintains its focus on operational excellence, invests in strategic growth initiatives, and capitalizes on emerging opportunities in its core markets.
The upcoming earnings call on February 11, 2025, is an opportunity for investors to gain insights into Leidos' financial performance and guidance for the upcoming year. The company's strong earnings performance and positive analyst sentiment suggest that the call may have a positive impact on the stock price. However, investors should closely monitor the company's earnings report and any subsequent guidance to make informed decisions about their investments.
In conclusion, Leidos' strong earnings performance and positive analyst sentiment position the company well for continued growth and profitability. The upcoming earnings call on February 11, 2025, is an opportunity for investors to gain insights into the company's financial performance and guidance for the upcoming year. Investors should closely monitor the company's earnings report and any subsequent guidance to make informed decisions about their investments.
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