CACI International (CACI) Tops Q2 EPS by 32c
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CACI International (NYSE: CACI) reported Q2 EPS of $2.00, $0.32 better than the analyst estimate of $1.68. Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $1.08 billion.
CEO Commentary and Outlook
Ken Asbury, CACI’s President and CEO, said, “I am pleased with our second quarter and first half results. We produced another quarter of organic revenue growth, record operating income, and strong cash flow. These results reflect continued high-quality execution for our customers across our company and are in line with our expectations to deliver on our long-term organic revenue and margin expansion goals. We are raising our net income annual guidance to account for strong operating performance year-to-date and expectations for the remainder of FY18. In addition, we are incorporating the benefits we have derived from the recent Tax Cuts and Jobs Act in our guidance.”
For earnings history and earnings-related data on CACI International (CACI) click here.
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