Workflow
SAIC (SAIC) Q1 Earnings Miss Estimates
SAICSAIC(SAIC) ZACKS·2025-06-02 13:06

Group 1 - SAIC reported quarterly earnings of 1.92pershare,missingtheZacksConsensusEstimateof1.92 per share, missing the Zacks Consensus Estimate of 2.14 per share, representing an earnings surprise of -10.28% [1] - The company posted revenues of 1.88billionforthequarterendedApril2025,surpassingtheZacksConsensusEstimateby0.711.88 billion for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 0.71%, compared to year-ago revenues of 1.85 billion [2] - Over the last four quarters, SAIC has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2 - The stock's immediate price movement will depend on management's commentary on the earnings call and the sustainability of earnings expectations [3][4] - SAIC shares have increased by approximately 3.4% since the beginning of the year, outperforming the S&P 500's gain of 0.5% [3] - The current consensus EPS estimate for the coming quarter is 2.21on2.21 on 1.86 billion in revenues, and for the current fiscal year, it is 9.19on9.19 on 7.67 billion in revenues [7] Group 3 - The Computers - IT Services industry, to which SAIC belongs, is currently in the top 38% of Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The estimate revisions trend for SAIC is currently mixed, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market [6]