SAIC Q1 Adjusted EPS Beats Estimates by 42%, Raises Full-Year Outlook
Summary
Science Applications International Corp reported a strong Q1, with adjusted EPS of $3.23 significantly beating the $2.28 IBES estimate. Revenue also surpassed expectations at $1.906 billion against an $1.820 billion estimate. This positive momentum extends to their full-year outlook, with adjusted EPS guidance of $9.90-$10.10 exceeding the $9.63 estimate. This marks a notable improvement following the mixed fiscal year 2026 results, which included declining revenues and GAAP earnings as reported in March. The substantial beat on both current quarter and full-year profitability metrics is a material positive for the company's financial trajectory and investor sentiment.
At the time of this announcement, SAIC was trading at $110.30 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $4.5B. The 52-week trading range was $81.08 to $121.05. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.