SAIC Announces Second Quarter of Fiscal Year 2018 Results

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Science Applications (SAIC) PT Lowered to $80 at Seaport Global Securities

September 8, 2017 6:59 AM EDT

Seaport Global Securities lowered its price target on Science Applications (NYSE: SAIC) to $80.00 (from $83.00) while maintaining a Buy rating.

Analyst Josh Sullivan notes fixed-priced transition slows and margins rest, although bookings set a record.

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Science Applications Int'l (SAIC) Misses Q2 EPS by 10c

September 7, 2017 4:17 PM EDT

Science Applications Int'l (NYSE: SAIC) reported Q2 EPS of $0.80, $0.10 worse than the analyst estimate of $0.90. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.08 billion.

Results for SAICs second quarter of fiscal year 2018 reflect near term margin challenges but... More