Revenue Update on Leidos Holdings(NYSE:LDOS)

Leidos Holdings(NYSE:LDOS) announced the earnings results for Fiscal Year 2017 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $1.29B. Analysts estimated a revenue of $1.29B. Earnings per share were $0.68. Analysts had estimated an EPS of $0.73.

Leidos Holdings (LDOS) shares turned negative on Thursdays trading session with the shares closing down -0.95 points or -1.96% at a volume of 32,14,134. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $48.44. The peak price level was also seen at $48.44 while the days lowest was $47.28. Finally the shares closed at $47.41. The 52-week high of the shares is $59.52 while the 52-week low is $39.9. According to the latest information available, the market cap of the company is $3,451 M.

Several Insider Transactions has been reported to the SEC. On Mar 15, 2016, Robert S Shapard (director) purchased 4,000 shares at $47.04 per share price.Also, On Mar 15, 2016, James Reagan (CFO) purchased 2,600 shares at $46.83 per share price.On Mar 9, 2016, Roger A Krone (CEO) purchased 5,000 shares at $46.50 per share price, according to the Form-4 filing with the securities and exchange commission.

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