SAIC Announces First Quarter of Fiscal Year 2021 Results

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Science Applications (SAIC) PT Raised to $100 at Cowen

June 5, 2020 8:39 AM EDT

Cowen analyst Cai Von Rumohr raised the price target on Science Applications (NYSE: SAIC) to $100.00 (from $95.00) while maintaining a Outperform rating following the 1Q earnings report. Adjusted EPS of $1.38 missed the Street by $0.03. Q1's solid net book-bill of 0.91x was driven by $650MM... More

Science Applications Int'l (SAIC) Misses Q1 EPS by 3c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus, Provides FY21 Revenue Outlook

June 4, 2020 4:20 PM EDT

Science Applications Int'l (NYSE: SAIC) reported Q1 EPS of $1.38, $0.03 worse than the analyst estimate of $1.41. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.73 billion.

Revenues: $1.8 billion; 9% total revenue growth, 3% excluding acquired revenuesDiluted earnings per share: $0.62; Adjusted... More