SAIC Announces Fourth Quarter and Full Fiscal Year 2017 Results

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Science Applications (SAIC) PT Lowered to $82 at Cowen

March 31, 2017 5:46 AM EDT

Cowen lowered its price target on Science Applications (NYSE: SAIC) to $82.00 (from $90.00) while maintaining a Market Perform rating.

Analyst Cai von Rumohr said the Q4 miss and anticipated light Q1 bookings and cash flow suggest the stock will tread water until bookings recover later in the year.

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Science Applications Int'l (SAIC) Tops Q4 EPS by 1c

March 30, 2017 6:30 AM EDT

Science Applications Int'l (NYSE: SAIC) reported Q4 EPS of $0.79, $0.01 better than the analyst estimate of $0.78. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $1.09 billion.

Revenues: $1.0 billion for fourth quarter; $4.5 billion for fiscal yearDiluted earnings per share: $0.79 for... More