CACI International Sees FY24 Adj EPS $19.38-$20.48 Vs $20.03 Est.; Revenue $7.2B-$7.4B Vs $7.12B Est.
Portfolio Pulse from Benzinga Newsdesk
CACI International has projected its FY24 adjusted EPS to be between $19.38 and $20.48, compared to the estimated $20.03. The company also expects its revenue to be between $7.2 billion and $7.4 billion, higher than the estimated $7.12 billion.
October 25, 2023 | 8:51 pm
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POSITIVE IMPACT
CACI International's FY24 adjusted EPS and revenue forecasts are both higher than estimates. This could potentially lead to a positive market reaction.
CACI International's higher than expected FY24 earnings and revenue forecasts indicate strong future performance. This could increase investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100