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SAIC Stock Jumps as Govt. Contractor Tops Earnings, Outlook Estimates | Global News Avenue

SAIC Stock Jumps as Govt. Contractor Tops Earnings, Outlook Estimates

Key Points

  • Scientific Apps Stock International Company’s stock surged on Monday after the company’s fourth-quarter results exceeded expectations.
  • Government contractor revenue, adjusted revenue, and forecasts for the next fiscal year are all beyond estimates.
  • CEO Toni Townes-Whitley said Saic won a $1.8 billion contract with the U.S. Army after the quarter ended.

Science Applications Stock International Corporation (SAICOn Monday, government technology contractors jumped after the highest estimates in the fourth quarter.

The company said on Monday it received an adjusted $2.57 per share in the last quarter of fiscal 2025, up 80% year-on-year, well above the analyst consensus of the visible Alpha compilation. SAIC’s income also comes from At the same time a year ago To $1.84 billion, the range is narrow.

For fiscal 2026, SAIC forecasts full-year revenue of $7.6 billion to $7.75 billion, mostly far above analyst estimates, while adjusted earnings per share range from $9.10 to $9.30, well above the analyst consensus of $9.04. The company reported revenue of $7.48 billion, with adjusted earnings per share of $9.13 for fiscal 2025.

CEO Toni Townes-Whitley said the company won $1.8 billion in U.S. military contracts after the quarter ended, and the company “has the biggest re-competition victory in recent years” adding about $20 billion in contracts.

Shares of government contractors rose more than 7% on Monday morning. Over the past 12 months, they entered about 27% of the day.

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