Science Applications Intl SAIC reported its Q1 earnings results on Monday, June 6, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Science Applications Intl beat estimated earnings by 6.21%, reporting an EPS of $1.88 versus an estimate of $1.77.
Revenue was up $118.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.27 which was followed by a 4.67% drop in the share price the next day.
Here's a look at Science Applications Intl's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 1.23 | 1.50 | 1.47 | 1.51 |
EPS Actual | 1.50 | 1.85 | 1.97 | 1.94 |
Revenue Estimate | 1.77B | 1.88B | 1.79B | 1.81B |
Revenue Actual | 1.78B | 1.90B | 1.84B | 1.88B |
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 FY 2023, expecting earnings between $6.9 and $7.2 per share.
To track all earnings releases for Science Applications Intl visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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