CACI International: Fiscal Q1 Earnings Snapshot
By AP News
Published - Oct 23, 2024, 04:25 PM ET
Last Updated - Dec 16, 2024, 06:03 PM EST
RESTON, Va. (AP) — RESTON, Va. (AP) — CACI International Inc. (CACI) on Wednesday reported fiscal first-quarter earnings of $120.2 million.
On a per-share basis, the Reston, Virginia-based company said it had profit of $5.33. Earnings, adjusted for amortization costs, came to $5.93 per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $5.08 per share.
The defense contractor posted revenue of $2.06 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $1.93 billion.