Science Applications Intl Q2 Adj EPS $2.05 Beats $1.62 Estimate, Sales $1.78B Beat $1.69B Estimate
Portfolio Pulse from Benzinga Newsdesk
Science Applications Intl (NYSE:SAIC) reported Q2 earnings of $2.05 per share, beating the analyst consensus estimate of $1.62 by 26.54%. This is a 17.14% increase from the same period last year. The company also reported quarterly sales of $1.78 billion, beating the analyst consensus estimate of $1.69 billion by 5.56%, but this is a 2.57% decrease from the same period last year.
September 07, 2023 | 11:01 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Science Applications Intl's Q2 earnings and sales beat estimates. However, sales decreased by 2.57% compared to the same period last year.
Science Applications Intl's earnings beat estimates, which is a positive signal for investors and could lead to a short-term increase in stock price. However, the decrease in sales compared to the same period last year might temper this positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100