logo
Share SHARE
FONT-SIZE Plus   Neg

CACI International Q2 Profit Rises; Lifts FY12 EPS Estimate - Quick Facts

CACI International Inc. (CACI) reported second-quarter net income attributable to the company of $41.1 million or $1.51 per share, compared to $33.2 million or $1.08 per share in the prior year quarter.

Pro forma adjusted net income attributable to the company for the quarter rose to $54.4 million or $2.00 per share from $45.9 million or $1.48 per share in the comparable quarter last year.

On average, 16 analysts polled by Thomson Reuters expected earnings of $1.30 per share for the quarter. Analysts' estimates typically exclude one-time items.

Revenues for the quarter grew 12.2 percent to $973.24 million from $867.28 million last year, while fifteen analysts estimated revenues of $952.78 million for the quarter.

Looking forward to the fiscal year 2012, the company raised its earnings guidance range to $5.72 - $5.94 per share, from the prior estimate of $5.55 - $5.80 per share. Analysts currently estimate earnings of $5.67 per share for the full year.

The company expects its revenue guidance for the full year 2012 to the range of $3,850 million to $4,050 million, same as the prior estimate. Analysts currently estimate revenues of $3.92 billion for the full year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Electric car maker Tesla's Chief Elon Musk confirmed that there will be no discount on new cars. Through several tweets and an email addressing its employees, Musk said, "It is absolutely vital that we adhere to the no negotiation and no discount policy that has been true since we first started taking orders 10 years ago." Shares of National Beverage Corp. fell about 15 percent on Wednesday after short selling firm Glaucus Research Group has said it is shorting the soft-drink maker and accused the company of manipulating earnings. In a research report, Glaucus alleged that National Beverage achieved its "remarkable history of financial performance in part by manipulating earnings." Canadian pipeline operator Enbridge Inc. said it has agreed to sell its liquids pipeline assets in the South Prairie Region, including the Saskatchewan pipeline system, to privately-held midstream company Tundra Energy Marketing Ltd. for C$1.075 billion in cash.
comments powered by Disqus
Follow RTT