logo
Plus   Neg
Share
Email

CACI Intl. Q3 Profit Rises; Ups FY12 EPS Outlook

CACI International Inc (CACI) reported net income for the third quarter of $40.9 million or $1.45 per share, compared to $36.4 million or $1.16 per share for the year-ago quarter.

Pro forma adjusted net income for the third quarter was $53.7 million, or $1.91 per share, compared to $48.6 million or $1.55 per share in the prior year quarter.

Third quarter revenue grew 1.6% to $927.96 million from $913.37 million a year ago.

Analysts polled by Thomson Reuters expected the company to earn $1.43 per share on revenue of $1.00 billion for the third quarter.

For the fiscal year 2012, the company now expects revenue of $3.73 billion to $3.83 billion and earnings of $5.74 to $5.95 per share. Previously, the company expected revenue of $3.85 billion to $4.05 billion and earnings of $5.72 to $5.94 per share.

Analysts currently expect the company to earn $5.85 per share on revenue of $3.95 billion for the fiscal year 2012.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The Boeing Company (BA) reported that its first-quarter core earnings per share increased to $3.64 from $2.17, prior year, reflecting strong performance across the company. Core operating earnings improved 35% year-over-year to $2.51 billion from $1.86 billion, previous year. GAAP earnings from operations increased 30% to $2.88 billion. Net earnings improved 57% year-over-year to $2.48 billion. Earnings per share was $4.15 compared to $2.54. Operating cash flow was $3.1 billion for the quarter. Micro-blogging site Twitter Inc. on Wednesday reported a turnaround to profit in the first quarter on strong double-digit revenue growth. This is the company's second quarterly profit. Both revenue and adjusted earnings per share beat analysts' estimates. Twitter's average monthly active users or MAU figure rose 3 percent year-over-year and also increased from the preceding quarter. Shares of Credit Suisse Group AG were gaining around 4 percent in Swiss trading after the banking giant reported Wednesday higher profit in its first quarter, despite lower net interest income. The company said it had planned 2018 to be a year of acceleration in its performance in its 12-quarter restructuring program.
Follow RTT