Will Science Applications (SAIC) Surprise In Q3 Earnings?
Zacks Investment Research | Dec 04, 2016 10:35PM ET
Science Applications International Corporation (NYSE:SAIC) is set to report third-quarter 2017 results on Dec 8. Last quarter, the company posted a positive earnings surprise of 7.59%. Let us see how things are shaping up for this announcement.
Factors to Consider
Science Applications serves the U.S. federal, state and local government agencies as well as foreign governments. Since its inception in 1969, the company has utilized its domain knowledge to solve critical problems in areas such as national security, energy and the environment, critical infrastructure, and health.
The company delivered mixed second-quarter fiscal 2017 results, with the bottom line beating the Zacks Consensus Estimate but the top line missing the same.
The company’s revenues are expected to get a major boost from the continuous contract wins. It has a huge pipeline of new projects and continues to win deals at regular intervals. These contracts are key growth catalysts for the company.
However, competition from companies such as Accenture plc (NYSE:ACN) and Booz Allen Hamilton Holding Corporation remains a headwind.
SCIENCE APP INT Price and EPS Surprise
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