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CACI International beats Street 4Q forecasts

ARLINGTON, Va. (AP) _ CACI International Inc. (CACI) on Wednesday reported fiscal fourth-quarter earnings of $44.2 million.

On a per-share basis, the Arlington, Virginia-based company said it had profit of $1.76.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.64 per share.

The defense contractor posted revenue of $1.14 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $1.09 billion.

For the year, the company reported profit of $163.7 million, or $6.53 per share. Revenue was reported as $4.35 billion.

CACI International expects full-year earnings to be $6.52 to $6.84 per share, with revenue in the range of $4.35 billion to $4.5 billion.

CACI International shares have climbed almost 4 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $128.80, an increase of 37 percent in the last 12 months.


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


Keywords: CACI International, Earnings Report