* Science Applications International Corp reported quarterly adjusted earnings of $1.92 per share for the quarter ended in April, lower than the same quarter last year, when the company reported EPS of $2.14. The mean expectation of nine analysts for the quarter was for earnings of $1.92 per share. Wall Street expected results to range from $1.78 to $2.05 per share.
* Revenue fell 8.9% to $1.85 billion from a year ago; analysts expected $1.84 billion.
* Science Applications International Corp's reported EPS for the quarter was $1.48.
* The company reported quarterly net income of $77 million.
* Science Applications International Corp shares had risen by 2.8% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 3.1% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the it services & consulting peer group is also "hold"
Wall Street's median 12-month price target for Science Applications International Corp is $139.00 This summary was machine generated from LSEG data June 3 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Apr. 30 2024 1.92 1.92 Met
Jan. 31 2024 1.46 1.43 Missed
Oct. 31 2023 1.69 2.27 Beat
Jul. 31 2023 1.62 2.05 Beat
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