UPDATE: CSRA, Inc. (CSRA) Tops Q4 EPS by 5c

(updated to add guidance outlook)

CSRA, Inc. (NYSE: CSRA) reported Q4 Adj. EPS of $0.49, $0.05 better than the analyst estimate of $0.44. Revenue for the quarter came in at $1.25 billion versus the consensus estimate of $1.25 billion.

Guidance:

Sees FY 2018 EPS $1.88-2.00 and sees revenues of $5-5.2 billion.

CSRA Chief Financial Officer Dave Keffer commented, "I am pleased to post such strong earnings growth in the quarter and the year, underscoring CSRA's commitment to long-term earnings growth. We expect to grow revenue in fiscal year 2018 in line with our long-term model. Our pending acquisition is a great example of the disciplined growth we are able to pursue, consistent with our balanced, long-term approach to capital allocation, as our balance sheet continues to evolve. After aggressively paying down debt, we look to add in acquisitions and opportunistic share repurchases to accelerate growth and drive shareholder value."

For earnings history and earnings-related data on CSRA, Inc. (CSRA) click here.

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