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Exploring Analyst Estimates for CACI International (CACI) Q3 Earnings, Beyond Revenue and EPS
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The upcoming report from CACI International (CACI - Free Report) is expected to reveal quarterly earnings of $6.90 per share, indicating an increase of 10.8% compared to the year-ago period. Analysts forecast revenues of $2.35 billion, representing an increase of 8.3% year over year.
Over the last 30 days, there has been a downward revision of 1.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some CACI International metrics that Wall Street analysts commonly model and monitor.
Analysts' assessment points toward 'Revenues by Expertise or Technology- Expertise' reaching $1.00 billion. The estimate indicates a year-over-year change of +2.9%.
It is projected by analysts that the 'Revenues by Customer Group- Federal Civilian Agencies' will reach $441.24 million. The estimate indicates a change of +2.3% from the prior-year quarter.
Analysts expect 'Revenues by Customer Group- Department of Defense' to come in at $1.50 billion. The estimate indicates a year-over-year change of -9.3%.
Analysts forecast 'Revenues by Expertise or Technology- Technology' to reach $1.38 billion. The estimate suggests a change of +15.6% year over year.
The collective assessment of analysts points to an estimated 'Total Revenue - Organic Growth (YOY)' of 7.4%. The estimate compares to the year-ago value of 5.6%.
Shares of CACI International have demonstrated returns of -11.4% over the past month compared to the Zacks S&P 500 composite's +9.3% change. With a Zacks Rank #4 (Sell), CACI is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Exploring Analyst Estimates for CACI International (CACI) Q3 Earnings, Beyond Revenue and EPS
The upcoming report from CACI International (CACI - Free Report) is expected to reveal quarterly earnings of $6.90 per share, indicating an increase of 10.8% compared to the year-ago period. Analysts forecast revenues of $2.35 billion, representing an increase of 8.3% year over year.
Over the last 30 days, there has been a downward revision of 1.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some CACI International metrics that Wall Street analysts commonly model and monitor.
Analysts' assessment points toward 'Revenues by Expertise or Technology- Expertise' reaching $1.00 billion. The estimate indicates a year-over-year change of +2.9%.
It is projected by analysts that the 'Revenues by Customer Group- Federal Civilian Agencies' will reach $441.24 million. The estimate indicates a change of +2.3% from the prior-year quarter.
Analysts expect 'Revenues by Customer Group- Department of Defense' to come in at $1.50 billion. The estimate indicates a year-over-year change of -9.3%.
Analysts forecast 'Revenues by Expertise or Technology- Technology' to reach $1.38 billion. The estimate suggests a change of +15.6% year over year.
The collective assessment of analysts points to an estimated 'Total Revenue - Organic Growth (YOY)' of 7.4%. The estimate compares to the year-ago value of 5.6%.
View all Key Company Metrics for CACI International here>>>Shares of CACI International have demonstrated returns of -11.4% over the past month compared to the Zacks S&P 500 composite's +9.3% change. With a Zacks Rank #4 (Sell), CACI is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .