Leidos misses quarterly revenue estimates on government shutdown impact

2026-02-23 04:54:37

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Defense contractor Leidos Holdings reported fourth-quarter revenue below Wall Street estimates, primarily due to the impact of last year’s six-week long U.S. government shutdown. While revenue of $4.21 billion missed analyst estimates, the company’s adjusted profit per share of $2.76 exceeded expectations due to core profit margin expansion and cost controls. Leidos also provided an adjusted profit forecast for 2026 that was slightly below analyst consensus.

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