SAIC analyzes reduce their expectations after the profits of the first quarter – Science Apps (Nasdaq: Saic)

International Foundation Science Applications Seik Weaker profits were expected for the first quarter on Monday.

INTL science applications have published modified profits of $ 1.92 per share, and the lost market estimates of $ 2.22 per share. The company has published quarterly sales of $ 1.88 billion, for expectations of $ 1.87 billion.

“Our performance in the first quarter reflects the steady progress we are achieving against our institution’s growth strategy despite a dynamic operating environment still,” said Tony Towns Whitley, CEO of Saic. “As a major integrated mission, the rapid development of new technologies, the renewed focus on publishing programs to pay efficiency, and the high global threat environment create great opportunities for SAIC. I am sure that SAIC is ready and compatible with these total trends to pay the value of our customers, employees and shareholders.”

Science applications have launched expectations for 2026, at a value of 7.60 billion dollars -7.75 billion dollars, less than estimated the consensus of the analyst of 7.93 billion dollars. The company maintained an annual EPS expectation of $ 9.10.9.30, at the estimation of the consensus of the analyst of $ 10.24.

Saic shares jumped by 2.7 % trading at $ 102.95 on Tuesday.

These analysts have made changes to their price targets after the profits were announced.

The latest startup investment opportunities:

• UBS GAVIN PARSONS analyst has maintained INTL sciences with a neutral and reduced price from $ 121 to $ 111.
• Truist Securities Tobey Sommer analysts with a suspension and reduced price from $ 115 to $ 100.

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