Science Applications International Corp Earnings: Beat on EPS and Revenue

Science Applications International Corp (SAIC) delivered a strong earnings beat, reporting $3.23 per share versus analyst estimates of $2.32, representing a 39.00% surprise to the upside.

The defense contractor’s earnings per share of $3.23 significantly exceeded Wall Street expectations of $2.32, marking a $0.91 beat that translated to the 39.00% positive surprise.

Revenue for the quarter reached $1.906 billion, surpassing analyst estimates of $1.857 billion by $49.1 million, resulting in a 2.65% revenue surprise.

The $1.906 billion in quarterly revenue represented solid performance against the consensus estimate of $1.857 billion, with SAIC generating $49.1 million more than expected.

SAIC’s $3.23 earnings per share and $1.906 billion revenue both exceeded analyst projections, with the 39.00% EPS surprise significantly outpacing the 2.65% revenue beat.

This article is for informational purposes only and does not constitute investment advice. Past performance does not guarantee future results.