Science Applications International Gears Up For Q1 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Science Applications International Corporation SAIC is set to release first-quarter financial results, before the opening bell on Monday.

Analysts expect the Reston, Virginia-based company to report quarterly earnings at $1.92 per share, down from $2.14 per share in the year-ago period. Science Applications International is expected to post revenue of $1.84 billion compared to $1.96 billion a year ago, according to data from Benzinga Pro.

On May 9, SAIC was awarded a $232 million contract to develop signals intelligence and electronic warfare systems for the U.S. Army.

Science Applications International shares rose 0.3% to close at $133.10 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Truist Securities analyst Tobey Sommer maintained a Hold rating with a price target of $130 on April 12. This analyst has an accuracy rate of 76%.
• JP Morgan analyst Seth Seifman maintained a Neutral rating and slashed the price target from $142 to $140 on March 19. This analyst has an accuracy rate of 84%.
• Wells Fargo analyst Matthew Akers maintained an Equal-Weight rating and raised the price target from $141 to $143 on March 19. This analyst has an accuracy rate of 76%.
• Stifel analyst Bert Subin reiterated a Hold rating with a price target of $115 on Oct. 2, 2023. This analyst has an accuracy rate of 64%.

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