Recap: Science Applications Intl Q4 Earnings

Science Applications Intl SAIC reported its Q4 earnings results on Monday, March 28, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Science Applications Intl beat estimated earnings by 21.95%, reporting an EPS of $1.5 versus an estimate of $1.23.

Revenue was up $65.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.35 which was followed by a 1.3% drop in the share price the next day.

Here's a look at Science Applications Intl's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Science Applications Intl management provided guidance for their next quarter, expecting earnings between $6.8 and $7.1 per share for the next quarter.

This represents a 363.33% in quarter-over-quarter growth for Science Applications Intl, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.