Science Applications Intl Q3 Adj EPS $2.27 Vs $1.90 YoY, Sales $1.90B Vs $1.91B YoY
Portfolio Pulse from Benzinga Newsdesk
Science Applications International Corp (SAIC) reported an adjusted EPS of $2.27 for Q3, up from $1.90 YoY. However, sales slightly decreased to $1.90B from $1.91B YoY.
December 04, 2023 | 12:01 pm
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SAIC reported a higher adjusted EPS of $2.27 for Q3 compared to $1.90 YoY, indicating improved profitability. However, sales saw a marginal decline to $1.90B from $1.91B YoY.
The increase in adjusted EPS for SAIC suggests higher profitability, which is typically viewed positively by investors and could lead to a short-term increase in stock price. The slight decrease in sales is a concern but may be overshadowed by the earnings growth.
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