CACI International (CACI) Tops Q1 EPS by 73c
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CACI International (NYSE: CACI) reported Q1 EPS of $2.25, $0.73 better than the analyst estimate of $1.52. Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $1.08 billion.
CACI Updates Its FY18 Guidance
We are reiterating the FY18 revenue guidance we issued on August 17, 2017 and raising our guidancefor net income and diluted earnings per share as a result of the lower tax rate reported in our first fiscal quarter. We are also updating our effective tax rate for the year. The table below summarizes our FY18 expectations and represents our views as of November 1, 2017:
Current Fiscal Year | (In millions except for tax rate and earnings per share) | 2018 Guidance | ||
| $4,350 - $4,500 | Net income | $165 - $173 | ||
| 34.5% | Diluted earnings per share | $6.52 - $6.84 | ||
| 25.3 | 25.3 |
For earnings history and earnings-related data on CACI International (CACI) click here.
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