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Leidos gains on raising annual earnings forecast



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** U.S. defense company Leidos Holdings' shares LDOS.N rise ~6% to $139.45 premarket

** Leidos lifts its FY 2024 profit and revenue forecasts on strong weapons demand amid rising geopolitical tensions

** LDOS now sees 2024 EPS of $8.40-$8.80 vs prior view of $7.50-$7.90

** Hikes FY rev target to $16-$16.4 bln from $15.7-$16.1 bln

** Q1 revenue rose 7.4% from a year ago to $3.98 billion

** Stock had risen 21.6% YTD



Reporting by Aatreyee Dasgupta

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