Science Applications International Corp reports results for the quarter ended April 30 - Earnings Summary

• Science Applications International Corp SAIC.OQ reported quarterly adjusted earnings of $1.92​​ per share for the quarter ended April 30, identical to the same quarter last year. The mean expectation of eleven analysts for the quarter was for earnings of $2.13 per share. Wall Street expected results to range from $2.00 to $2.21 per share.

• Revenue rose 1.6% to $1.88 billion from a year ago; analysts expected $1.87 billion.

• Science Applications International Corp's reported EPS for the quarter was $1.42​.

• The company reported quarterly net income of $68 million.

• Science Applications International Corp shares had risen by 2.9% this quarter and gained 3.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "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 $123.00

This summary was machine generated from LSEG data June 2 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)