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Perspecta: Fiscal 3Q Earnings Snapshot

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CHANTILLY, Va. (AP) _ Perspecta Inc. (PRSP) on Friday reported fiscal third-quarter earnings of $31 million.

The Chantilly, Virginia-based company said it had net income of 19 cents per share. Earnings, adjusted for one-time gains and costs, were 56 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

The company posted revenue of $1.13 billion in the period.

Perspecta shares have increased 21% since the beginning of the year. In the final minutes of trading on Friday, shares hit $29.10, a fall of 1% 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 PRSP at https://www.zacks.com/ap/PRSP