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CACI International: Fiscal Q1 Earnings Snapshot
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RESTON, Va. (AP) — RESTON, Va. (AP) — CACI International Inc. (CACI) on Wednesday reported fiscal first-quarter profit of $130.4 million.

On a per-share basis, the Reston, Virginia-based company said it had net income of $5.84. Earnings, adjusted for one-time gains and costs, were $7.66 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $6.45 per share.

The defense contractor posted revenue of $2.47 billion in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $2.5 billion.

CACI International expects full-year earnings in the range of $33.18 to $34.08 per share.

CACI International shares have risen 17% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $623.38, an increase of 17% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CACI at https://www.zacks.com/ap/CACI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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