CACI International (CACI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended September 2023, CACI International (CACI) reported revenue of $1.85 billion, up 15.2% over the same period last year. EPS came in at $4.36, compared to $4.36 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.69 billion, representing a surprise of +9.63%. The company delivered an EPS surprise of -3.54%, with the consensus EPS estimate being $4.52.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how CACI International performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues by Expertise or Technology- Expertise: $878.09 million versus $798.81 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +19.6% change.
Revenues by Expertise or Technology- Technology: $972.05 million compared to the $913.09 million average estimate based on two analysts. The reported number represents a change of +11.5% year over year.
Revenues by Customer Group- Commercial and other: $90.50 million compared to the $121.47 million average estimate based on two analysts. The reported number represents a change of +4.8% year over year.
Revenues by Customer Group- Federal Civilian Agencies: $407.34 million compared to the $411.48 million average estimate based on two analysts. The reported number represents a change of -4% year over year.
Revenues by Customer Group- Department of Defense: $1.35 billion compared to the $1.18 billion average estimate based on two analysts. The reported number represents a change of +23.5% year over year.
View all Key Company Metrics for CACI International here>>>
Shares of CACI International have returned +4.3% over the past month versus the Zacks S&P 500 composite's -1.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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CACI International, Inc. (CACI) : Free Stock Analysis Report
