CACI International (CACI) Tops Q3 EPS by 42c

CACI International (NYSE: CACI) reported Q3 EPS of $2.69, $0.42 better than the analyst estimate of $2.27. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.24 billion.

CEO Commentary and Outlook

Ken Asbury, CACI’s President and CEO, said, “We delivered record revenue, solid net income growth, and strong cash flow in our third quarter. Contract awards were nearly double from a year ago, a reflection of the investments we’ve made in the enterprise and the success of our market-aligned strategy. The integration of LGS Innovations and Mastodon Design is largely complete, and the synergies with CACI’s existing capabilities are differentiating us in the mission-essential areas of signals intelligence, cyber, and electronic warfare. We are raising our full-year net income guidance to reflect continued outstanding performance across our business. And we are confident that our long-term growth strategy will continue to deliver value for our customers and shareholders.”

For earnings history and earnings-related data on CACI International (CACI) click here.

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