Core Viewpoint - Science Applications International Corporation (SAIC) reported strong earnings per share (EPS) but faced challenges with revenue and bookings, leading to a decline in stock price despite the positive EPS performance [2][3][6] Financial Performance - SAIC reported an EPS of $3.63, significantly exceeding the estimated $2.25, and marking a substantial increase from $2.05 in the same quarter last year, resulting in an earnings surprise of +61.33% [2][6] - The company's revenue was $1.77 billion, which fell short of the estimated $1.86 billion and showed a slight decline from $1.82 billion reported in the previous year [2][6] Market Reaction - Despite the strong EPS performance, SAIC's stock price declined by 7% due to investor concerns over bookings, which fell short of expectations, indicating potential future revenue challenges [3][6] Valuation Metrics - SAIC has a price-to-earnings (P/E) ratio of approximately 14.46, a price-to-sales ratio of about 0.67, and an enterprise value to sales ratio of around 0.99, reflecting its market valuation relative to earnings and sales [4] - The company has a debt-to-equity ratio of approximately 1.62, indicating reliance on debt for financing operations, and a current ratio of around 0.78, suggesting challenges in covering short-term liabilities with short-term assets [5] Consistency in Performance - SAIC has consistently exceeded consensus EPS estimates in three of the last four quarters, which continues to attract attention in the industry despite the recent challenges [5]

Bookings and Revenue - Q2 bookings are approximately €55 billion, exceeding expectations [1] - Q1 bookings were €39 billion [1] - Q2 bookings are expected to be similar to revenue, resulting in a book-to-bill ratio around 10% [1] - Q3 revenue consensus aims for around €8 billion, while the company guides for approximately €765 billion, slightly below consensus [2] - The company anticipates achieving growth in 2025 [2] Growth Outlook - The most important point is the growth outlook for 2026 or 2027 [3] - The company shipped the most advanced high-end EUV equipment fast in Q2 [3] - Maintaining growth momentum for high-end EUV tools is crucial for ASML's growth scenario [4] China Market - China revenue estimates and export restrictions are key factors to watch [4] - Monitoring Q2 numbers for China revenue is important [4] - Assessing the continued solid demand from China is a vital aspect [4]

Accenture is now the worst performer today on the S&P 500 falling despite a beat on the top and bottom line. New bookings dropping 6% in the US currency in its fiscal third quarter. The company last quarter warned that Doge's crackdown on federal spending would lead to delays and cancellations of new contracts.Let's talk about all of that right now with Accenture CEO Julie. Julie, thank you for taking the time. also want to get to some of the the new business changes that you announced today, but what do yo ...

Core Viewpoint - ASML, a key player in the semiconductor industry, reported strong revenue growth but faced a significant drop in net bookings, leading to a decline in share price despite beating earnings expectations [2][4][6]. Financial Performance - In Q1 2025, ASML reported a 46% year-over-year revenue increase, totaling approximately €7.7 billion (about $8.77 billion), and earnings per share of €6 (around $6.31), surpassing estimates by approximately 5% [3]. - The company reaffirmed its full-year 2025 revenue outlook of €30 to €35 billion (approximately $33 to $38.6 billion) despite slightly below-expectation Q2 revenue guidance [4]. Net Bookings - ASML experienced a 44% drop in net bookings compared to Q4 2024, reporting €3.9 billion (approximately $4.45 billion) in bookings, nearly €1 billion (about $1.14 billion) below expectations [6]. - The fluctuation in bookings is common for ASML, as seen in the previous year when bookings fell nearly 61% from Q4 2023 to Q1 2024 [6][7]. Market Sentiment - The market tends to overreact to bookings fluctuations, which can lead to significant share price movements [7]. - ASML's CFO indicated that bookings do not accurately reflect business momentum, especially given the high cost of its machines, such as the latest EUV product priced at around $380 million [7]. Future Outlook - ASML projects substantial growth through 2030, with revenues expected to increase by 50% to 105% compared to 2024 levels, and gross margins expanding by 180 to 580 basis points [10]. - The company has authorized a share buyback of up to 10% over the next 18 months and maintains a dividend yield of around 1% [11]. Analyst Ratings - ASML currently holds a Moderate Buy rating among analysts, with an average price target of $906.00, indicating a potential upside of 34.28% from the current price [10][12].