We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Stay Ahead of the Game With CACI International (CACI) Q2 Earnings: Wall Street's Insights on Key Metrics
Read MoreHide Full Article
Analysts on Wall Street project that CACI International (CACI - Free Report) will announce quarterly earnings of $4.50 per share in its forthcoming report, representing an increase of 5.1% year over year. Revenues are projected to reach $1.83 billion, increasing 11.1% from the same quarter last year.
The consensus EPS estimate for the quarter has undergone a downward revision of 1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific CACI International metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Revenues by Expertise or Technology- Expertise' reaching $860.28 million. The estimate indicates a change of +16% from the prior-year quarter.
Analysts expect 'Revenues by Expertise or Technology- Technology' to come in at $953.96 million. The estimate points to a change of +5.1% from the year-ago quarter.
Analysts forecast 'Revenues by Customer Group- Commercial and other' to reach $159.46 million. The estimate indicates a change of +78% from the prior-year quarter.
According to the collective judgment of analysts, 'Revenues by Customer Group- Federal Civilian Agencies' should come in at $399.35 million. The estimate points to a change of -0.1% from the year-ago quarter.
It is projected by analysts that the 'Revenues by Customer Group- Department of Defense' will reach $1.26 billion. The estimate indicates a year-over-year change of +8.2%.
The average prediction of analysts places 'Total Revenue - Organic Growth (YOY)' at 10.8%. Compared to the current estimate, the company reported 6% in the same quarter of the previous year.
CACI International shares have witnessed a change of +4.5% in the past month, in contrast to the Zacks S&P 500 composite's +0.9% move. With a Zacks Rank #3 (Hold), CACI is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Stay Ahead of the Game With CACI International (CACI) Q2 Earnings: Wall Street's Insights on Key Metrics
Analysts on Wall Street project that CACI International (CACI - Free Report) will announce quarterly earnings of $4.50 per share in its forthcoming report, representing an increase of 5.1% year over year. Revenues are projected to reach $1.83 billion, increasing 11.1% from the same quarter last year.
The consensus EPS estimate for the quarter has undergone a downward revision of 1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific CACI International metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Revenues by Expertise or Technology- Expertise' reaching $860.28 million. The estimate indicates a change of +16% from the prior-year quarter.
Analysts expect 'Revenues by Expertise or Technology- Technology' to come in at $953.96 million. The estimate points to a change of +5.1% from the year-ago quarter.
Analysts forecast 'Revenues by Customer Group- Commercial and other' to reach $159.46 million. The estimate indicates a change of +78% from the prior-year quarter.
According to the collective judgment of analysts, 'Revenues by Customer Group- Federal Civilian Agencies' should come in at $399.35 million. The estimate points to a change of -0.1% from the year-ago quarter.
It is projected by analysts that the 'Revenues by Customer Group- Department of Defense' will reach $1.26 billion. The estimate indicates a year-over-year change of +8.2%.
The average prediction of analysts places 'Total Revenue - Organic Growth (YOY)' at 10.8%. Compared to the current estimate, the company reported 6% in the same quarter of the previous year.
View all Key Company Metrics for CACI International here>>>
CACI International shares have witnessed a change of +4.5% in the past month, in contrast to the Zacks S&P 500 composite's +0.9% move. With a Zacks Rank #3 (Hold), CACI is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>