Science Applications Intl Q1 Adj EPS $2.14 Beats $1.77 Estimate, Sales $2.03B Beat $1.96B Estimate
Portfolio Pulse from Benzinga Newsdesk
Science Applications Intl (SAIC) reported Q1 adjusted EPS of $2.14, beating the $1.77 estimate, and sales of $2.03B, surpassing the $1.96B estimate. This represents a 13.83% increase in earnings and a 1.60% increase in sales compared to the same period last year.
June 05, 2023 | 11:00 am
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SAIC's Q1 adjusted EPS of $2.14 and sales of $2.03B beat estimates, showing a 13.83% increase in earnings and a 1.60% increase in sales YoY.
SAIC's better-than-expected Q1 earnings and sales results are likely to have a positive short-term impact on its stock price. The 13.83% increase in earnings and 1.60% increase in sales YoY demonstrate strong financial performance, which typically boosts investor confidence and drives stock prices up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100