Why Is Leidos (LDOS) Stock Rocketing Higher Today
Update: 2025-11-04
Description
Leidos' Q3 financial results exceed expectations, with a 6.7% revenue increase and 12.3% higher adjusted earnings per share. The company raises its full-year earnings guidance by 10% and boasts a healthy backlog of $47.66 billion. Despite market concerns over the new Department of Government Efficiency, Leidos shares reach a new 52-week high, up 43.3% YTD.
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