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CACI International: Fiscal 3Q Earnings Snapshot

CACI International: Fiscal 3Q Earnings Snapshot

ARLINGTON, Va. (AP) _ CACI International Inc. (CACI) on Wednesday reported fiscal third-quarter profit of $68.1 million.

The Arlington, Virginia-based company said it had net income of $2.69 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.30 per share.

The defense contractor posted revenue of $1.26 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $1.23 billion.

CACI International expects full-year earnings to be $10.31 to $10.63 per share, with revenue in the range of $4.9 billion to $5.03 billion.

CACI International shares have climbed 32% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $190.03, an increase of 27% 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

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