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Science Applications Int'l (SAIC) Tops Q3 EPS by 18c, Revenues Beat

December 6, 2018 4:09 PM

Science Applications Int'l (NYSE: SAIC) reported Q3 EPS of $1.35, $0.18 better than the analyst estimate of $1.17. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.16 billion.

“As we prepare for the future, we continue to focus on delivering strong performance across our contract portfolio, as evidenced by our third quarter results. Our fifth consecutive quarter of revenue growth and the highest profitability in our five year history are proof points of the disciplined execution of our strategy,” said SAIC CEO Tony Moraco. "We look forward to accelerating the execution of our long term strategy, Ingenuity 2025, with the acquisition of Engility. We will enter next year with increased customer access, more investments in competitive and differentiated solutions, along with improved cash flow to enhance opportunities for shareholder value creation."

For earnings history and earnings-related data on Science Applications Int'l (SAIC) click here.

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