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CACI International (CACI) Reports Q4 Earnings: What Key Metrics Have to Say
CACICACI(US:CACI) ZACKSยท2024-08-07 23:00

Core Insights - CACI International reported a revenue of $2.04 billion for the quarter ended June 2024, reflecting a year-over-year increase of 19.7% and surpassing the Zacks Consensus Estimate by 5.81% [1] - The earnings per share (EPS) for the quarter was $6.61, up from $5.30 in the same quarter last year, exceeding the consensus EPS estimate by 12.03% [1] Revenue Performance - Total revenue organic growth year-over-year was 18.5%, outperforming the seven-analyst average estimate of 12.8% [3] - Revenue from Expertise was reported at $912.40 million, slightly below the average estimate of $933.53 million, marking a year-over-year increase of 13.6% [4] - Revenue from Technology reached $1.13 billion, significantly exceeding the average estimate of $984.51 million, with a year-over-year growth of 25.1% [5] Customer Group Revenue - Revenue from Commercial and other customers was $96.20 million, below the estimated $161.43 million, but still showing a year-over-year increase of 12% [6] - Revenue from Federal Civilian Agencies was $409.76 million, surpassing the average estimate of $382.96 million, with a year-over-year growth of 15.8% [7] - Revenue from the Department of Defense was reported at $1.53 billion, exceeding the average estimate of $1.37 billion, reflecting a year-over-year increase of 21.3% [8] Stock Performance - CACI International's shares have returned +5.1% over the past month, contrasting with the Zacks S&P 500 composite's -5.9% change, indicating potential outperformance in the near term [8]