Perspecta (PRSP) Reports In-Line Q2 EPS, Revenues Beat; Lifts FY19 EPS/Revenue Mid-Point Outlooks

Perspecta (NYSE: PRSP) reported Q2 EPS of $0.45, in-line with the analyst estimate of $0.45. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.05 billion.

"We are pleased to report another strong quarter of operations as Perspecta," said Mac Curtis, Perspecta's president and CEO. "Our end markets are growing, and we believe our innovation and intellectual property differentiate us from our competitors. Our entire team has worked hard to stand up a new company without missing a beat on delivering mission success for our customers. With each passing day, we are executing more efficiently, coming together more closely, and creating a stronger, more unified company that we can all be proud of."

GUIDANCE:

Perspecta sees FY2019 EPS of $1.85-$1.95. Perspecta sees FY2019 revenue of $4.2-4.25 billion, versus the consensus of $4.23 billion.

For earnings history and earnings-related data on Perspecta (PRSP) click here.

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