Core Viewpoint - CACI International is positioned well to continue its trend of beating earnings estimates, with a strong history of surprises in recent quarters [1][4]. Earnings Performance - For the most recent quarter, CACI reported earnings of $5.95 per share, exceeding the expected $5.17 per share, resulting in a surprise of 15.09% [2]. - In the previous quarter, the company reported $5.93 per share against an expectation of $5.08 per share, achieving a surprise of 16.73% [2]. Earnings Estimates and Predictions - Estimates for CACI International have been trending higher, supported by its history of earnings surprises [4]. - The company currently has an Earnings ESP of +0.20%, indicating a positive outlook from analysts regarding its earnings prospects [7]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong possibility of another earnings beat in the upcoming report [7]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [5]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [6].
Why CACI International (CACI) is Poised to Beat Earnings Estimates Again