Earnings Preview for CACI International

On Wednesday, April 21, CACI International CACI will release its latest earnings report. Here is Benzinga's outlook for the company.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts covering CACI International modeled for quarterly EPS of $3.7 on revenue of $1.57 billion. CACI International earnings in the same period a year ago was $3.16 per share. Quarterly sales came in at $1.47 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to match the consensus estimate, earnings would be up 17.09%. Revenue would be up 7.09% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Shares of CACI International were trading at $262.4 as of April 19. Over the last 52-week period, shares are up 11.05%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. CACI International is scheduled to hold the call at 08:30:00 ET and can be accessed here.