Science Applications International Corp reports results for the quarter ended July 31 - Earnings Summary

• Science Applications International Corp SAIC reported quarterly adjusted earnings of $3.63​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of $2.05. The mean expectation of ten analysts for the quarter was for earnings of $2.24 per share. Wall Street expected results to range from $1.97 to $2.31 per share.

• Revenue fell 2.7% to $1.77 billion from a year ago; analysts expected $1.86 billion.

• Science Applications International Corp's reported EPS for the quarter was $2.71​.

• The company reported quarterly net income of $127 million.

• Science Applications International Corp shares had risen by 1.3% this quarter and gained 2.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 7 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "buy."

• Wall Street's median 12-month price target for Science Applications International Corp is $125.00, about 8.7% above its last closing price of $114.11

This summary was machine generated from LSEG data September 4 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)