CACI International Posts Q1 Profit of $130.4 Million, Adjusted EPS Tops Estimates
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CACI International Inc. (CACI) reported fiscal first-quarter net income of $130.4 million, or $5.84 per share, the Reston, Virginia-based defense contractor said Wednesday. Adjusted earnings came in at $7.66 per share, beating the $6.45 average estimate of five analysts surveyed by Zacks Investment Research. Revenue for the period was $2.47 billion, missing Street forecasts of $2.5 billion. The company guided full-year earnings to a range of $33.18 to $34.08 per share. CACI shares have risen 17% since the start of the year, closing at $623.38 on Wednesday, up 17% over the past 12 months.
ByTicklex Editorial